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Tanja Kuehni, Elisa Lokmagozian, Andrew Mirto, Erik Sharp
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The Product Marketing Objectives Value Proposition Product Position Competitors Marketing Mix Financial Plan Conclusion Questions https://lpo.energy.gov/projects/tesla-motors/
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Tesla’s Model TRX ◦ Fully Electric ◦ Versatility, Power, Style ◦ 4 year or 50,000 mile warranty ◦ Same platform as Model S P85 Up to 265 miles range 416 horsepower Speed: Up to 130 MPH
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New, innovative product Green solution for truck market Growing market for electric vehicles Demand for better solutions socialmediatoday.com
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(Kuehni, Lokmagozian, Mirto, & Sharp, survey, October, 2013)
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Create customer value by responding to customer needs: (Better) MPG rate Luxurious interior More room Financial objectives: Sell 2,700 units in first year, 5,000 in second, 15,000 in third Break even by the end of the second quarter of the second year
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Male Average Annual Household Income of $135,000 Outdoor-Oriented Perceived upper-middle class socialmediatoday.com
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More-for-more position High level of consumer value Base price of $75,000
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Luxury vehicles Mercedes, BMW, etc. High performance pickup trucks Dodge, Ford Raptor, etc. Electric vehicles Nissan Leaf, Chevy Volt, Porche Panamera E-hybrid www.breitbart.com
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Value and demand of an electric truck 2700 vehicles in the first year Break-even at 26 units Outdoor oriented males with $135,000 Value proposition and More-for-More Competition $75,000 with whipped cream and cherries on top personal selling and Advertising/PR
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Fisher, T. (2013, 09 03). Will Tesla Alone Double Global Demand For Its Battery Cells? Retrieved 10 16, 2013, from Green Car Reports: http://www.greencarreports.com/news/1086674_will-tesla-alone-double-global-demand-for-its-battery-cells Ford. (2013). Retrieved 10 16, 2013, from Ford: http://www.ford.com/trucks/f150/?hptid=fv-trk-rtn-sch-f150-txt Fortenbaugh, C. (n.d.). Hybrid cars: Not so environmentally friendly. retrieved from http://www.pitt.edu/~crf30/Writing3.pdf Healey, J. R. (2013, April 24). 10 cheapest cars: Why (almost) nobody buys them. USA Today. Retrieved from http://www.usatoday.com/story/money/cars/2013/04/24/cheapest-cars-price-MPG-disappointment-nissan-versa-smart/2110083/ http://www.usatoday.com/story/money/cars/2013/04/24/cheapest-cars-price-MPG-disappointment-nissan-versa-smart/2110083/ King, D. (2012, June 7). [Web log message]. Retrieved from http://green.autoblog.com/2012/06/07/tesla-will-sell-20-000-vehicles-next-year-ceo-says/ Lampton, C. (2008, 08 18). How Electric Car Batteries Work. Retrieved 10 15, 2013, from How Stuff Works: http://auto.howstuffworks.com/fuel-efficiency/vehicles/electric- car-battery4.htm Marketing Research. (n.d.). Retrieved from http://wordnetweb.princeton.edu/perl/webwn?s=marketing research Martschenko, A., & Gabriel, M. (2013). Automotive. Retrieved from http://interbrand.com Motavalli, J. (2013, 09 06). As It Increases Production, Tesla Worries About Battery Supply. Retrieved 10 15, 2013, from New York Times: http://wheels.blogs.nytimes.com/2013/09/06/as-it-increases-production-tesla-worries-about-battery-supply/?_r=0 Musk, E. (2013). Retrieved from http://www.teslamotors.com/models/design. Nasdaq.com. (n.d.). Retrieved from http://www.nasdaq.com/symbol/tsla/earnings-growth Noland, D. (2013, 08 09). Life With Tesla Model S: Owner's Report After 5,000 Miles. Retrieved 10 17, 2013, from Green Car Reports: http://www.greencarreports.com/news/1086108_life-with-tesla-model-s-owners-report-after-5000-miles Okulski, T. (2013, 04 03). The Plug-In Hybrid Porsche Panamera Is The Tesla Model S's First Real Competitor. Retrieved 10 17, 2013, from Jalopnik: http://jalopnik.com/the-plug-in-hybrid-porsche-panamera-is-the-tesla-model-468462762 Rogowsky, M. (2013, June 21). Tesla 90-second battery swap tech coming this year. Retrieved from http://www.forbes.com/sites/markrogowsky/2013/06/21/tesla-90-second- battery-swap-tech-coming-this-year/ Ruiz, R. (2008, May 5). In depth: America's best cities for the outdoors. Forbes, Retrieved from http://www.forbes.com/2008/05/12/outdoors-health-cities-forbeslife- cx_rr_0512realestate_slide.html Tesla. (2013). Retrieved 10 17, 2013, from Tesla: http://www.teslamotors.com/charging#/installation Toyota. (2013). Retrieved 10 17, 2013, from Toyota: http://www.toyota.com/prius/#!/Welcome U.S Census Bureau. (2011). 2011 annual social and economic supplement Voelcker, J. (2013, January 10). How many tesla model s electric cars were built in 2010. Retrieved from http://www.greencarreports.com/news/1081565_how-many-tesla-model-s-electric-cars-were-built-in-2012-how-many-sold Young, A. (2013). Five ways TeslaMotors could reach 10000 unit sales by 2016. Retrieved from http://www.ibtimes.com/five-ways-tesla-motors-tsla-could-reach-100000- unit-sales-2016-1397869
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