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Ludicrous: The Unvarnished Story of Tesla Motors

Ludicrous: The Unvarnished Story of Tesla Motors cover

Ludicrous: The Unvarnished Story of Tesla Motors

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Tesla Motors and CEO Elon Musk have become household names, shaking up the staid auto industry by creating a set of innovative electric vehicles that have wowed the marketplace and defied conventional wisdom. The company's market valuation now rivals that of long-established automakers, and, to many industry observers, Tesla is defining the future of the industry. But behind the hype, Tesla has some serious deficiencies that raise questions about its sky-high valuation, and even its ultimate survival. Tesla's commitment to innovation has led it to reject the careful, zero-defects approach of other car manufacturers, even as it struggles to mass-produce cars reliably, and with minimal defects. While most car manufacturers struggle with the razor-thin margins of mid-priced sedans, Tesla's strategy requires that the Model 3 finally bring it to profitability, even as the high-priced Roadster and Model S both lost money. And Tesla's approach of continually focusing on the future, even as commitments and deadlines are repeatedly missed, may ultimately test the patience of all but its most devoted fans. In Ludicrous, journalist and auto industry analyst Edward Niedermeyer lays bare the disconnect between the popular perception of Tesla and the day-to-day realities of the company--and the cars it produces.

ISBN: 9798200580828

ISBN-10: 9798200580828

Publisher: Gildan Media Corporation

Publication Date: 09/03/2019 - 12:00am

On Sale: 03/01/2021 - 12:00am

Language: English

Categories

Corporate & Business History - General

Infrastructure

Industries - Automobile Industry