It is of paramount importance to note that Elon Musk is considered to be not only a talented executive, however, one of the most famous people in the sphere of innovations. The majority of people associate his name with the world’s popular company Tesla Motors. This corporation is believed to be one of the most modern and innovative. A lot of experts state that electric vehicles are the future and Tesla Motors fosters transition to a better and technological world. The primary purpose of the paper is to provide an analysis of the article written in Bloomberg by Dana Hull Elon Musk is Squaring Off Against China for the Future of Tesla.
The article was written on the 23d of June 2016 and presents relevant information regarding complications of Tesla Motors and the way Elon Musk solves some problems (Hull, 2016). The mission and goal of Tesla Motors are to foster the transition from fuel cars to electric vehicles and to provide people with the ability to follow innovations and technologies. One of the fundamental issues of electric vehicles is that they should be charged to drive.
Although there are a lot of charging stations, it is worth noting that the process of charging is considered to be a problem. The company aims to make better batteries that will drive the electric car longer. One of the possible solutions that Elon Musk offers is the solar batteries. They will significantly facilitate the process of charging and the person will be able to drive the car longer. As it was stated in the article, Elon Musk aims to buy SolarCity, where he is one of the chairmen, to be able to implement solar panels on the roof of the vehicles.
Although the charging process is a kind of problem and Elon Musk is focused on the improvement of electric vehicles manufactured by Tesla Motors, it is worth pointing out that another problem that the company is currently facing is considered to be the increase in production and world expansion program.
Tesla Motors has ambitious goals and aims to accomplish them. Thus, according to the information presented in the article, Elon Musk aims to produce 500,000 electric vehicles a year (Hull, 2016). The problem that derives from this desire is a lack of materials. The company needs to find more suppliers and change the production process to decrease the price of the vehicle.
In conclusion, it should be noted that modern society is orientated on technologies and innovations. The companies who want to satisfy not only the current market needs but also future ones have all the chances to succeed on the market (Hull, 2016). Tesla Motors is an example of such a company. Even though the corporation is currently facing some difficulties, it should be stressed that challenges are the guiding power of progress and these difficulties are likely to bring Tesla Motors to greater success and popularity.
Reference
Hull, D. (2016). Elon Musk is squaring off against China for the future of Tesla. Web.