Monday, February 24, 2020

TESLA MOTORS, INC Research Paper Example | Topics and Well Written Essays - 750 words

TESLA MOTORS, INC - Research Paper Example Most people have welcomed the new developments brought about by making revolutionary electric cars, but there are still many that are still to be convinced that the electric way and specifically the route taken by Tesla is the future.This work is intended to highlight initiatives that can get more customers on-board1. One of the most apparent concerns by customers about electric cars is the issue of mirage since this specific sector is not as adequately supported by other parties such as power supply. The primary purpose as to why the firm has been in a position to succeed in the market is because it has found a way to achieve a commendable mirage from its batteries. In a revolutionary platform that Tesla built for itself, solving one issue cause the rise of another. The fire that broke out in the Model S raised national and international concerns that the car may not be safe. The source of the fire was recognized to be as a result of an object hitting the batteries at speed.2 Tesla hence has to revise its strategy of building batteries while deliberating over the two issues. Safety is the key concern since the company has already achieved the installation of the batteries that offer the highest mirage in the market. Increasing this mirage is of course a major consideration to be made, but safety should be the key issue. It is essential to get a way to install the batteries in a part of the car that does not pose a hazard for its occupants. Although the Roadster and the Model S can both be considered as successes for the company on the bases of economics and laying a favorable foundation for the company to establish itself, the company has failed to establish a wide range of vehicles for customers to select from. This is of utmost importance seeing to it that competitors have already realized that Tesla is capable of providing proper competition. But Tesla still has some shortcomings such as the availability of only two models for

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