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Tesla was founded in 2003 and has become a leader in electric vehicles and renewable energy under the visionary leadership of Elon Musk. Musk's transformational leadership style has shaped Tesla's innovative strategy but also creates uncertainty due to his volatile nature. To balance this, Tesla must ensure operational stability and efficiency while still supporting Musk's bold vision for a sustainable future. Stakeholders like shareholders, employees, and customers all influence Tesla's strategic decisions as it works to improve areas like labor relations and corporate governance.
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This document provides an overview of Tesla, including a SWOT analysis. It summarizes that Tesla is an American electric vehicle company founded in 2003 that has become a top player in the industry due to its energy-saving technology and luxury designs. The SWOT analysis identifies Tesla's strengths as its valuable brand, best-in-class electric cars, and engineering expertise, but also notes weaknesses such as high costs and production challenges, as well as opportunities and threats in the competitive market.
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Tesla Motors is developing new electric vehicle models like the Model S sedan and Model X crossover to expand beyond its niche market of high-end electric sports cars. However, Tesla faces competition from established automakers also introducing electric vehicles. Tesla must decide whether to remain a niche manufacturer or try to gain more market share by expanding production. Key issues include maintaining its technological lead, facilitating broader consumer adoption, developing charging infrastructure, and addressing environmental impacts of increased electric vehicle use.
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Tesla, Inc. (previously known as Tesla Motors, Inc.), is an American car maker and energy company established in Palo Alto, California. The association has some expertise in electric vehicle production and, through its SolarCity backup, solar panel board manufacturing. Tesla works in various assembly plants and production plants, such as Gigafactory 1 close to Reno, Nevada, and its core vehicle producing office at Tesla Factory in Fremont, California. As of March 2019, Tesla sells Model X, 3, and S cars. It is tolerating bookings for the Roadster (2020), Model Y, and Semi vehicles. Tesla additionally sells Powerpack, Megapack, and Powerwall batteries, Solar based panel boards, Solar based rooftop tiles [footnoteRef:1]. [1: Introduction (Reference 1)]
Tesla was established in July 2003, by engineers Marc Tarpenning and Martin Eberhard, under the name Tesla Motors. The organization's name is a honor to Nikola Tesla who was an engineer. In the initial stages of Series A funding, Tesla Motors was joined by Elon Musk, Ian Wright and Ian Wright, everyone who joined the company are permitted to call themselves as co-founders of the corporation. Elon Musk, who in the past worked as Chairperson and is the current CEO, said that he envisioned Tesla Motors as an independent automaker and technology organization, went for in the long run offering electric vehicles at costs reasonable to the normal customer. Tesla Motors changed its name to Tesla in February 2017 [footnoteRef:2]. [2: Tesla motors Inc.]
Following 10 years in the market, Tesla situated as the world's first-class plug-in vehicle creator in 2018, both as a brand and via car gathering, with 245,240 units were conveyed with a piece of the overall industry of 12% in the module portion vehicle deals. Tesla vehicle deals in the United States of America extended by 280% from 48,000 out of 2017 to 182,400 by 2018, and around the world were expanded by 138% from 2017. In 2019, Tesla got support to start their generation in China [footnoteRef:3]. [3: Tesla cars ranked as top-rated plug-in car maker]
As of March 2018, Tesla had given 6 product recalls for the Model S, 2 for the Model X, two for the Roadster [footnoteRef:4]. [4: Recalls]
On June 4, 2017, the (American Automobile Association -AAA) raised insurance rates for Tesla car buyers following a report from the (Highway Loss Data Institute - HLDI). The report presumed that the Model S crashes 46% more frequently and is fifty percent more costly to fix it when compared to the other cars in the industry [footnoteRef:5]. Likewise, the Model X was determined to crash 41% more frequently and to be 89% more costly to fix than comparative vehicles [footnoteRef:6]. Accordingly, American Automobile Association increased insurance rates on Tesla vehicles by 30%. Tesla said that the investigation is "severely flawed and not reflective of reality”, in any case, Tesla neglected to give any conflicting numbers. Presently, Russ Rader, the represen.
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Tesla was established in July 2003, by engineers Marc Tarpenning and Martin Eberhard, under the name Tesla Motors. The organization's name is a honor to Nikola Tesla who was an engineer. In the initial stages of Series A funding, Tesla Motors was joined by Elon Musk, Ian Wright and Ian Wright, everyone who joined the company are permitted to call themselves as co-founders of the corporation. Elon Musk, who in the past worked as Chairperson and is the current CEO, said that he envisioned Tesla Motors as an independent automaker and technology organization, went for in the long run offering electric vehicles at costs reasonable to the normal customer. Tesla Motors changed its name to Tesla in February 2017 [footnoteRef:2]. [2: Tesla motors Inc.]
Following 10 years in the market, Tesla situated as the world's first-class plug-in vehicle creator in 2018, both as a brand and via car gathering, with 245,240 units were conveyed with a piece of the overall industry of 12% in the module portion vehicle deals. Tesla vehicle deals in the United States of America extended by 280% from 48,000 out of 2017 to 182,400 by 2018, and around the world were expanded by 138% from 2017. In 2019, Tesla got support to start their generation in China [footnoteRef:3]. [3: Tesla cars ranked as top-rated plug-in car maker]
As of March 2018, Tesla had given 6 product recalls for the Model S, 2 for the Model X, two for the Roadster [footnoteRef:4]. [4: Recalls]
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Tesla has faced several ethical issues throughout its history. These include concerns about employee safety due to production issues, leadership challenges stemming from the CEO's tweets that negatively impacted the company's reputation and stock price, and struggles with its supply chain that led to job cuts. Going forward, Tesla will likely continue grappling with supply chain and production problems as it aims to scale up mass manufacturing of electric vehicles. Sustainable and ethical practices across its entire global operations will remain important issues.
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Tesla is a leading electric vehicle manufacturer that dominates electric vehicle sales in the US. It is known for its high-quality electric cars and innovative technology. Tesla also has an excellent cross-selling strategy and benefits from being led by entrepreneur Elon Musk. The company receives investments and partnerships from other major automakers and technology companies to support its research and development.
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Read the A WINDOW ON LIFE case study at the end of Chapter 12 of our text.
Answer the following questions in a 3-4 page (not counting cover page and references), APA formatted document and place in the drop box by the end of the week. Please insure you apply critical thinking and draw from your personal and professional experiences when answering the questions.
1. Identify the symptoms indicating that problems exist at LaCrosse Industries, Inc.
2. Use one or more leadership theories to analyze the underlying causes of the current problems at LaCrosse Industries. What other organizational behavior theories might also help explain some of the problems?
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Leadership in
Organizational Settings
le
a
rn
in
g
o
b
je
ct
iv
es
340
chapter
After reading this chapter, you should be able to:
12-1 Define leadership and shared leadership.
12-2 Describe the four elements of transformational leadership and explain why they are
important for organizational change.
12-3 Compare managerial leadership with transformational leadership, and describe the features
of task-oriented, people-oriented, and servant leadership.
12-4 Discuss the elements of path-goal theory, Fiedler’s contingency model, and leadership
substitutes.
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12-6 Identify eight competencies associated with effective leaders and describe authentic leadership.
12-7 Discuss cultural and gender similarities and differences in leadership.
12
mcs62589_ch12_340-367.indd Page 340 27/11/13 4:23 PM f-500 /204/MH02010/mcs62589_disk1of1/0077862589/mcs62589_pagefiles
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Tesla is a leading electric vehicle manufacturer that dominates electric vehicle sales in the US. It is known for its high-quality electric cars and innovative technology. Tesla also has an excellent cross-selling strategy and benefits from being led by entrepreneur Elon Musk. The company receives investments and partnerships from other major automakers and technology companies to support its research and development.
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FINALIPWRITEUP
Tesla faces significant long-term debt of $3 billion which is draining the company's earnings and hindering growth. The document proposes that Tesla address this challenge by creating adapters for their Supercharging stations to allow any electric vehicle to charge, not just Teslas. This would generate an estimated $20 million in additional annual profit from fees charged to non-Tesla vehicles. In addition to reducing debt, this solution would further Tesla's mission of accelerating sustainable energy adoption by increasing electric vehicle accessibility and market size.
Support corporate culture - Tesla case study
Culture is a word for the 'way of life' of groups of people, meaning the way they do things. ... Excellence of taste in the fine arts and humanities, also known as highculture. An integrated pattern of human knowledge, belief, and behavior. The outlook, attitudes, values, morals goals, and customs shared by a society.
Culture is developed within the individual as well as the outside environment
It is continually changing and dynamic
Culture is not inherited, it is learned
Case study of Tesla Motors.pptx
Tesla is an American company that designs, manufactures, and sells electric vehicles and sustainable energy products. It was founded in 2003 by Elon Musk to accelerate the world's transition to sustainable energy. Tesla uses knowledge management strategies like understanding key business drivers, gaining executive support, analyzing knowledge, providing rewards and implementing changes in phases. The conclusion states that governments should support EV companies through policy as combustion engines are replaced by electric powertrains due to environmental and energy concerns.
Week 6 Written Assignment - Org. BehaviorRead the A WINDOW ON LI.docx
Week 6 Written Assignment - Org. Behavior
Read the A WINDOW ON LIFE case study at the end of Chapter 12 of our text.
Answer the following questions in a 3-4 page (not counting cover page and references), APA formatted document and place in the drop box by the end of the week. Please insure you apply critical thinking and draw from your personal and professional experiences when answering the questions.
1. Identify the symptoms indicating that problems exist at LaCrosse Industries, Inc.
2. Use one or more leadership theories to analyze the underlying causes of the current problems at LaCrosse Industries. What other organizational behavior theories might also help explain some of the problems?
3. What should Gilbert LaCrosse do in this situation?
Reference:
· McShane, S.L., & Von Glinow, M.A. (2015). Organizational-Behavior: Emerging Knowledge, Global Reality (7th eds.). New York: McGraw-Hill. Chapter 11 - Conflict and Negotiation in the Workplace (pp. 310-339)
· McShane, S.L., & Von Glinow, M.A. (2015). Organizational-Behavior: Emerging Knowledge, Global Reality (7th eds.). New York: McGraw-Hill. Chapter 12 - Leadership in Organizational Settings (pp. 340-367)
Leadership in
Organizational Settings
le
a
rn
in
g
o
b
je
ct
iv
es
340
chapter
After reading this chapter, you should be able to:
12-1 Define leadership and shared leadership.
12-2 Describe the four elements of transformational leadership and explain why they are
important for organizational change.
12-3 Compare managerial leadership with transformational leadership, and describe the features
of task-oriented, people-oriented, and servant leadership.
12-4 Discuss the elements of path-goal theory, Fiedler’s contingency model, and leadership
substitutes.
12-5 Describe the two components of the implicit leadership perspective.
12-6 Identify eight competencies associated with effective leaders and describe authentic leadership.
12-7 Discuss cultural and gender similarities and differences in leadership.
12
mcs62589_ch12_340-367.indd Page 340 27/11/13 4:23 PM f-500 /204/MH02010/mcs62589_disk1of1/0077862589/mcs62589_pagefiles
avid Thodey knew he faced a monumental challenge as chief
executive of Telstra, Australia’s largest telecommunications
company. Under the previous CEO, Telstra was so antagonistic to most
stakeholders that the Australian government threatened to limit the company’s
growth options. Customer complaints against Telstra skyrocketed 300 percent
during the three years before Thodey took the reins. Employee morale had
plummeted, along with Telstra’s share price. Only its copper lines monopoly,
investment in next-generation mobile broadband, and employees’ technological
skills kept Telstra sufficiently buoyant.
In spite of these formidable challenges, Thodey confidently led Telstra through a
spectacular transformation. At the center of this change was Thodey’s vision that
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- 1. Individual Poster Tesla Organization Change Introduction Tesla Inc., founded in 2003, has quickly become an EV and renewable energy leader. The company's growth and global perception of electric cars have been driven by Elon Musk. The company has grown, especially recently. Tesla's direct-to-consumer sales model, autonomous driving features, and unique manufacturing approach have made it a global automotive industry leader. SWOT analysis Corporate Social Responsibility Strategic Tesla's Leadership Styles and Changes Elon Musk's transformational leadership style defines Tesla. Musk's vision, risk- taking, and innovation have shaped Tesla's strategy. He inspires employees, customers, and investors with his sustainable future vision. Musk's volatile leadership has caused Tesla uncertainty and risk. Thus, Tesla must balance Musk's bold leadership with operational stability and efficiency. References • Henderson, R.M. and Clark, K.B., 1990. Architectural innovation: The reconfiguration of existing product technologies and the failure of established firms. Administrative science quarterly, pp.9-30. • Heaton, S., Linden, G. and Teece, D., 2014. Business model innovation and organizational design: a dynamic capabilities perspective. • Bass, B.M. and Riggio, R.E., 2006. Transformational leadership. • Gupta, A., 2013. Environment & PEST analysis: an approach to external business environment. International Journal of Modern Social Sciences, 2(1), pp.34-43. • Hersey, P. and Blanchard, K.H., 1969. Management of organizational behavior: Utilizing human resources. • Porter, M.E., 2008. The five competitive forces that shape strategy. Harvard business review, 86(1), p.78. Conclusion The previous analyses examined Tesla's strategic management, leadership, and global business conditions. Tesla's success has been driven by Elon Musk's visionary leadership and a strong strategic focus on innovation and technology. The report critically examined Tesla's ethics, sustainability, and CSR. Tesla's focus on electric vehicles supports environmental sustainability, but labour relations and corporate governance need improvement . Stakeholder Key stakeholders in Tesla include shareholders, employees, customers, suppliers, and regulatory authorities. Shareholders' expectations of profitability influence Tesla's strategic decisions, such as investing in new products or markets. Employee interests relate to fair compensation, safe working conditions, and opportunities for development.