Abstract

Electric Vehicles have been undergoing episodes of development since Benjamin Franklin discovered electricity. Under, the leadership of Elon Musk, Tesla has revolutionized the world by introducing superior electric cars. Model S, X and 3, are some of the important developments that have been made by the organization. With gasoline or diesel-powered engines, it takes a considerably high horsepower engine to keep up with an electric vehicle, while sacrificing gas mileage. On the other hand, Tesla cars can accelerate from 0 to 60 mph in seconds, a parameter that is better than most gasoline or diesel vehicles. The company values its stakeholders who include government entities, shareholders, customers, employees and the community. Tesla also utilizes three methods of purchasing that include store, online and phone shopping. The organization facilitates an open customer-oriented delivery system. With its development of the Gigafactory, Tesla hopes to achieve global competitiveness by making a difference in the world.  As such, the company will use the factory to manufacture its own lithium-ion batteries.

Key words: Tesla, Electric Vehicles, Lithium-ion Battery