Month: September 2014

Since we did our SWOT analysis on Tesla when I saw this article I thought it was very interesting as I already knew so much background information on the company. It’s a pity that I didn’t see this when I was researching for the assignment but at least now I have found it. When I was doing my SWOT assignment I really liked Tesla as a company, I actually now want to own a Tesla car since they seem like they are a really good investment. The article talks about how Elon Musk believes Tesla’s stock price is overvalued at the moment.

After reading this article I can’t say that my view on Tesla has changed, I can only say that I respect Elon Musk more. I think it was very ethical of him to comment against his company’s stock value. He seems like a good leader to me and is definitely appealing to external stakeholders to see someone like himself investing in a “better” future for everyone. I really don’t know why he said what he did but it seems like he truly cares about well-being and that’s something that should improve Tesla’s brand perception.

http://www.businessreviewcanada.ca/leadership/1106/Tesla-Motors-CEO-Elon-Musk-Reports-Stock-as-Overvalued

http://www.dailymail.co.uk/sport/football/article-2750700/Manchester-United-continue-spending-January-admits-Ed-Woodward.html

Manchester United, an English football (soccer) team, has recently been spending millions of dollars buying players from other clubs and not only will they keep spending money on transfers, but their annual wages to be paid out to these players are now exceeding 200 million pounds. However, I don’t think it’s very ethical for the club to be spending over 150 million pounds in transfers and that much in wages, especially because these costs are only going to be covered by charging the fans more for tickets.

Another aspect that I think Manchester didn’t consider is the fact that they aren’t going to be as economically strong as last year, since they aren’t going to be playing in the champions league, and hence should perhaps have spent (a lot) less money this summer so that the fans shouldn’t now have to overpay for tickets just because Ed Woodward decided to go on a spending spree this summer. After all, it’s still a business for him and all he really wants to get out of this is more money, otherwise he would just be a fan and not the chairman. It’s unethical because United fans are extremely loyal and they will spend money they don’t have on more expensive tickets just to cover the costs.

I hate that club.

http://www.vancitybuzz.com/2014/11/masterpan-kickstarter-five-in-one-pan/

This article talks about a new product called the master pan; a pan in which you can cook an entire breakfast at once. If their crowd-funding works, I believe the product itself is going to fail miserably. You see the product and you can tell that it’s big enough to cook a proper meal at once; however, when starting the campaign the producers forgot to mention that you need a good stove in order to use this pan, otherwise it’s going to take a long time for the four small compartments to heat up properly. It is simply a bad idea to product this item. Another fault in the production/marketing of this is that it doesn’t do anything special, the food would be cooked regardless of how many pans the cook used, and there is nothing special to this master pan. It does in fact save you some money, because you only need to heat one pan, but that is not what the creators of this product are advertising. Either invent a new product, or market this one in an entirely different way.