Tesla, Inc.: Strategies and Challenges

These flashcards cover key vocabulary and concepts related to Tesla, Inc., as discussed in the lecture notes.

Elon Musk

Co-founder and CEO of Tesla, Inc., known for his innovative approach to electric vehicles and space exploration.

Model 3

Tesla’s all-electric compact luxury sedan introduced in 2017, with a starting price of $35,000.

Production bottlenecks

Challenges that prevent a company from meeting production targets; in Tesla's case, it resulted in only 260 Model 3 vehicles produced in Q3 2017.

Gigafactory

A massive facility built by Tesla in Nevada for the production of lithium-ion batteries and electric vehicles.

Market capitalization

The total market value of a company's outstanding shares; Tesla's market cap reached approximately $60 billion by 2017.

Master Plan, Part Deux

Elon Musk’s strategic plan unveiled in 2016 detailing Tesla’s future ambitions, including solar energy integration and self-driving capabilities.

Zero-emission vehicles

Vehicles that produce no tailpipe emissions, a category that includes all-electric cars like those produced by Tesla.

Autonomous driving

Technological capability allowing a vehicle to drive itself without human intervention; a significant focus for Tesla's future developments.

Market share

The portion of a market controlled by a particular company; Tesla has emerged as the most valuable American car maker, surpassing GM and Ford.

Sustainable energy

Energy sources that are renewable and have a low environmental impact, a core mission of Tesla after the acquisition of SolarCity.