Tesla vision and mission its core values and challenges it face.
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Added: Apr 28, 2019
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Tesla Module 4 CFO Strategy Program 2019 Gulf Group Presented by: Kashif Zafar
Vision , Mission & Core Values
Tesla Inc.’s Mission Statement “ to accelerate the world’s transition to sustainable energy. ”
“ to accelerate the world’s transition to sustainable energy. ” This new statement indicates a slight but significant shift in the company’s business, to address market opportunities for renewable energy. In a way, the new corporate mission recognizes the relevance of the firm’s batteries and related energy storage products in markets in addition to the electric vehicle market.
Tesla Inc.’s mission statement has the following notable components:
Tesla Inc.’s Vision Statement “ to create the most compelling car company of the 21 st century by driving the world’s transition to electric vehicles. ”
Significant components in Tesla Inc.’s vision statement
Core Values For many employees, the fast-paced nature of being at the forefront of technology is the main draw. People who thrive on being stimulated are engaged by the constant new challenges. On the other hand, for those who really believe in global sustainability, being a direct part of this environmental enterprise is enough. By continually emphasizing Tesla’s mission, the team is rewarded by the knowledge that it’s playing a part in reshaping green technology. However, innovation sometimes comes at a price. Over 180 Glassdoor reviews mention poor work-life balance and a further 160 talk about long hours (“the rumours are true. You will work TREMENDOUSLY hard”). Another recurring comment is around how strategies and processes are constantly changing, and communication isn’t always good – possibly a side effect of working for an innovative tech leader. innovation sometimes comes at a price.
Tesla Core Values Driven by Mission
Core Values Move fast Do the Impossible Constantly Innovate Reason from “First Principles” Think Like Owners We are ALL IN
“Culture eats strategy for breakfast” -Peter Drucker The Rocky Road
The Rocky Road “Culture eats strategy for breakfast”
Reality Check
Reality Check 1 2 3 4 5 Elon has problems Regulatory vows Are Mission of Elon Musk aligned with share holders? Alignment Can Tesla sustain Mission driven strategy? Sustainability Tesla strategy has changed rather quickly High Investment & Strategy changes