Tesla Electric Cars Leading the Way in Luxury,...

Tesla electric vehicles from Tesla Motors are gaining a reputation as the cars of the future. These models are not only known for their luxury features, acceleration, power, and nearly silent electric engines, but also for their green appeal. Individuals who can afford the hefty price tag are purchasing these vehicles because they are classy, fun to drive, and better for the environment than the standard gasoline car. Tesla Motors are leading the way in innovation in the American car industry with their Tesla electric models. Tesla Motors is an American car company named in honor of the groundbreaking electrical engineer and physicist, Nikola Tesla. The company was founded by Elon Musk, a 42 year-old Stanford drop-out and South African born billionaire, entrepreneur, and innovator in electrical engineering, space exploration, and solar power (Ener D1). Having made his first claim to fame via internet money exchange giant, PayPal, Musk would make another tidal wave via the auto industry with the high-performance class of Tesla all-electric sports cars, four doors, and SUVs. (Griffiths 42). Tesla electric cars first appeared as small, sporty two-seaters. On March 26, 2009, the Tesla Model S was released and marketed as the top-performing all-electric luxury SUV in its class. Considering the Model S’s impressive performance capacities, they make a sound argument. David Ener, writer for Canada’s â€Å"The Globe and Mail† newspaper describes his experience of driving the Model SShow More RelatedGeneral Motors And Tesl Leaders Essay2367 Words   |  10 PagesGeneral Motors and Tesla: Leaders in the Electric Vehicle Industry Team 4: Aishu Chandrakanthan, Matthew Chasin, Andrew Kaiser, Jennifer Shavitz BA200 Section 031 University of Michigan Executive Summary Introduction The two purposes of this paper are first, to compare and contrast the business models of Tesla and GM, and second, to explain how these companies provide value to their consumers in the automotive market for electric cars.    Background Although almost all automobiles today areRead MoreInnovators Dna84615 Words   |  339 Pagesjournals and was the fourth most cited management scholar from 1996–2006. is a professor of leadership at INSEAD. He consults to organizations around the world on innovation, globalization, and transformation and has published extensively in leading academic and business journals. is the Robert and Jane Cizik Professor of Business Administration at Harvard Business School and the architect of and the world’s foremost authority on disruptive innovation. â€Å"Businesses worldwide have been