Can Elon Musk Turn Tesla Around?

Can Elon Musk Turn Tesla Around?
Case Code: BSTR594
Case Length: 18 Pages
Period: 2016-2020
Pub Date: 2020
Teaching Note: Available
Price: Rs.500
Organization: Tesla, Inc.
Industry: Electric Vehicles
Countries: US,Europe,China
Themes: Strategic Management, Leadership and Change Management, Turnaround, Organizational Crisis
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Abstract Case Intro 1 Case Intro 2 Excerpts

Background Note

Tesla was founded in 2003 by two Silicon Valley engineers Martin Eberhard and Marc Tarpenning with the mission of accelerating the development of the sustainable transport industry by bringing high performance green cars to the market. They named the company after famous Serbian American engineer Nikola Tesla. In February 2004, when Tesla raised US$7.5 million in a Series A round of funding, Musk, an entrepreneur , contributed US$6.3 million and became the controlling investor. Post the funding, Musk joined Tesla’s board as its Chairman and took on operational roles as well...

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