Executive Summary Tesla Motors Inc. is part of the automotive industry, with a specialization in th...
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Executive Summary Tesla Motors Inc. is part of the automotive industry, with a specialization in th electric vehicle (EV) market, it manufactures vehicle as well as electric powert components. The market for electric-based vehicles is expected to grow approximately to 10.6 million globally, or to approximately 14% of new vehicl sold by 2015, from 1.75 million units or 3% of new vehicles sold in 2008 (2). Toyota and BMW own a significant part of this market (24%) with Tesla Moto only accounting for 0.01% as seen in Exhibit B. Executive Summary Tesla Motors Inc. is part of the automotive industry, with a specialization in th electric vehicle (EV) market, it manufactures vehicle as well as electric powert components. The market for electric-based vehicles is expected to grow approximately to 10.6 million globally, or to approximately 14% of new vehicl sold by 2015, from 1.75 million units or 3% of new vehicles sold in 2008 (2). Toyota and BMW own a significant part of this market (24%) with Tesla Moto only accounting for 0.01% as seen in Exhibit B.
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