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1. Introduction

 To maximize shareholder value, the company engaged in the practice of financial risk control and increased the value of the company if it was done and created for value of our shareholders by implication. Value-added generated by two sources as follows: (1) to minimize taxes of the costs of financial distress (2) to minimize the possibility of the company that may be forced to give up a positive project because of its lack of internally generated funds to do so. Opposite to maximize shareholder value, it is the management of risk aversion hypothesis that the manager will seek to maximize their own personal well-being. This means that the management staff at the time, engaged in financial risk control for practices at the expense of shareholders. Especially when the shareholders of interests are not exactly the same managers who may pursue risk management strategies, and it is changed in their personal wealth, interest rates, commodity prices or the value of foreign currency cash. These steps can be taken, regardless of the wealth of the shareholders of the consequences of those decisions. Therefore, whether to maximize shareholders’ value or financial risk control for driving the participation of force in risk management practices that must be followed. Financial risk arises from the uncertainty in a given counterparty's ability to meet its obligations. More types of opponents and expanding various forms of obligations means that the financial risk control has arrived to the forefront of risk control activities in the service industry companies. One of the most important forms of these practices is related to financial risk control, especially for the companies in the automotive industry (Bodnar, 2005).

Tesla Motors, as a Silicon Valley company, possesses design, production and sale of electric vehicles and electric vehicle power components. Tesla Motors is a publicly traded company, which has been widespread concern in the stock exchange. Tesla in the automotive industry is the second model of the Tesla Roadster and the first all-electric sports car. Its s-type is all-electric luxury sedan. Although still expensive, it is basically a cheaper sports car. Tesla also sells electric power components, including lithium-ion battery pack, and the other carmakers are Daimler and Toyota. It is envisioned as an independent car manufacturer that is special for Tesla with the final quality of the production of all-electric vehicles at affordable ordinary consumers (Glaum, 2007). 
The purpose of this study is to provide some of the answers in this regard. More specifically, its goal is to reveal the state of financial risk control for Tesla Motors in the automotive industry.
 
2. Main Body 
 
2.1 Tools for financial risk control
With the tips in some cases through regulatory tasks, other financial institutions have been looking for new means to measure and control its financial risk. Adding fuel to the fire carried out a series of related activities, it involves the rapid pace of product innovation, further financial institutions to diversify into new geographic and product markets area, as well as an enhanced credit intermediation rate. The effect has been that we have witnessed the development of more sophisticated financial risk measurement and management methods. It has been the introduction of more co本论文由英语论文网提供整理，提供论文代写，英语论文代写，代写论文，代写英语论文，代写留学生论文，代写英文论文，留学生论文代写相关核心关键词搜索。