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DETAILED REPORT ON
TESLA, INC.
Presented By
1. Tesla, Inc. (formerly Tesla Motors, Inc.) has an organizational structure
that supports continuous business growth.
2. Maximizes its ability to implement new strategies and manage its
operational activities and objectives through its organizational structure.
3. It’s organizational structure creates capabilities that enable strong
managerial control of the business despite its growing international
operations.
4. Growth increases complexity and challenges.
Characteristics of Tesla’s organizational
structure :
1. Function-based hierarchy –
2. Centralization –
3. Divisions -
Market :
For high performance digital marketing on a limited budget, you must have a strong focus
on rendering an outstanding customer experience. Facilitate word of mouth marketing by
creating compelling referral programs. Don’t rely too heavily on paid advertising
campaigns, instead help your company’s leadership leverage their social media influence
and position yourself as an authentic brand with a sense of humour.
Moreover, have a strong vision and mission statement that you can incorporate into all
your digital marketing and promotions. Provide first-class customer service after the sale
is complete, be transparent about your problems, and be bold enough to create some
controversial content. Next, have consistent company messaging across the board, keep
your audience in the loop about all updates, and reply to as many followers as you can.
Finally, for holistic branding, do more than just direct selling of your products or services
by maybe supporting a cause or doing something for the greater good of the people.
Also, don’t be afraid of your competitors’ success but instead, focus on becoming the
best in your industry while achieving your company’s long-term objectives and vision
Lessons to Learn from Tesla’s Branding Strategy
4. Be Transparent
FINANCE :
Tesla's revenue growth has accelerated like its first car, the Roadster sportscar (0-60 in
1.9 seconds), driven by the rising number of vehicles sold each year. Between 2015
and 2019 sales have grown a whopping 507%. The company, however, has posted a
string of net losses as it pours money into research and development and
manufacturing.
Tesla's revenue jumped 15% to $24.6 billion in 2019 driven by an 87% increase in
automotive revenue. This was primarily due to the increase of automotive sales
revenue by $2.32 billion, or 13%, in the year ended December 31, 2019 as compared
to the year ended December 31, 2018.
The company lost about $862 million in 2019, which was an improvement over the
$976 million lost in 2018.
Cash at the end of 2019 was $6.8 billion, an increase of about $2.5 billion from the
prior year. Cash from operations contributed $2.4 billion to the coffers, while investing
activities used $1.4 billion, mainly for capital expenditures. Financing activities
generated $1.5 billion, primarily in the form proceeds from issuances of convertible and
other debt.
TSLA Financial Summary
For the fiscal year ended 31 December 2020, Tesla Inc Revenues
increased 28% to $31.54B. Net income totaled$690M vs. loss of
$870M. Revenues reflect Automotivesegment increase of 28% to
$29.54B, Energy generation andstorage segment increase of 30% to
$1.99B, China (Country)segment increase from $2.98B to $6.66B,
Other segment increase of 57% to $9.67B.
INCOME STATEMENT
Title Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Total
29,923 27,691 24,816.37 24,418.13
Liabilities
The Board of Directors of Tesla, Inc. (the "Company") sets high standards
for the Company's employees, officers and directors. Implicit in this
philosophy is the importance of sound corporate governance. It is the duty
of the Board of Directors to serve as a prudent fiduciary for shareholders
and to oversee the management of the Company's business. To fulfill its
responsibilities and to discharge its duty, the Board of Directors follows the
procedures and standards that are set forth in these guidelines. These
guidelines are subject to modification from time to time as the Board of
Directors deems appropriate in the best interests of the Company or as
required by applicable laws and regulations.
Board Committees (as of June 1, 2020)
Compensation Committee
The Audit Committee is responsible for Tesla’s compensation policies, plans and benefit
programs for Tesla’s personnel including its executive officers and directors, and
assessing risks related to compensation programs. The committee is also an
administrator of Tesla’s stock plans.