100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Summary Week 2 Paper.docx Proposal of a New Division BUS/475 Introduction Tesla was founded in 2003 by a group of engineers who wanted to prove that people didnt need to compromise to drive electric. “ that electric vehicles can be better, quicker and more $5.49   Add to cart

Summary

Summary Week 2 Paper.docx Proposal of a New Division BUS/475 Introduction Tesla was founded in 2003 by a group of engineers who wanted to prove that people didnt need to compromise to drive electric. “ that electric vehicles can be better, quicker and more

 12 views  0 purchase
  • Course
  • Institution

Week 2 P Proposal of a New Division BUS/475 Introduction Tesla was founded in 2003 by a group of engineers who wanted to prove that people didnt need to compromise to drive electric. “ that electric vehicles can be better, quicker and more fun to drive than gasoline cars. Today, Tesla builds...

[Show more]

Preview 2 out of 5  pages

  • January 11, 2021
  • 5
  • 2020/2021
  • Summary
avatar-seller
Proposal of a New Division

BUS/475




Introduction

Tesla was founded in 2003 by a group of engineers who wanted to prove that people

didn’t need to compromise to drive electric. – that electric vehicles can be better, quicker and

, more fun to drive than gasoline cars. Today, Tesla builds not only all-electric vehicles but also

infinitely scalable clean energy generation and storage products. Tesla believes the faster the

world stops relying on fossil fuels and moves towards a zero-emission future, the better.

Tesla launched the Roadster in 2008 and has since launched the Model S sedan, the

Model X sport utility vehicle, the Model 3 low priced electric vehicle, and the Tesla Semi which

is designed to save owners at least $200,000 over a million miles based on fuel costs alone.

To create an entire sustainable energy ecosystem, Tesla also manufactures a unique set of

energy solutions, Powerwall, Powerpack and Solar Roof, enabling homeowners, businesses, and

utilities to manage renewable energy generation, storage, and consumption.

And this is just the beginning. With Tesla building its most affordable car yet, Electric

cars, batteries, and renewable energy generation and storage already exist independently, but

when combined, they become even more powerful – that’s the future we want.(Tesla, 2018)

I.New Product = New Division

Global sales if electric bikes (E-bikes) are projected to reach approximately 40 million

units by 2023, according to Statista.com. China is expected to remain the most important market

for electric bikes worldwide, as 34.3 million units are predicted to be sold there. That leaves

almost six million units for the rest of the world and a majority of those are in Europe with

asmall but growing market in the USA.Urban and suburban consumers are seeking these faster,

greener and convenient modes of transportation(“Are E-Bikes the Future of Urban Mobility

Revolution?,” 2018).

Top quality E-bikes can cost anywhere from about $1k to $7k(Stella, 2018) and Tesla

believes that it can be created better and less expensive. A new division will be dedicated to

entering this emerging market. This division will focus on an electric bike solution that is not

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller helperatsof1. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $5.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

78462 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling

Recently viewed by you


$5.49
  • (0)
  Add to cart