also on other fortune lists

Change the World

Courtesy of Tesla


Tesla Motors



A clean-fuel visionary adds to a list of ambitious goals.

No company has built a business more singularly around the goal of sustainability than Elon Musk’s Tesla Motors. That was true during the decade he’s spent promoting the development of commercially viable electric cars, with a goal of bringing them to the mass market. And it’s even more so now, with Tesla’s recently completed acquisition of SolarCity, the solar-panel company run by his cousin, where Musk is the largest shareholder. Among the companies’ aims: To develop batteries for storing solar-generated power, solving a problem that has dogged clean-energy advocates.

Much remains to be done, starting with generating profits. While building gorgeous luxury cars, Tesla’s also faced safety concerns and struggled to meet production goals, even before confronting its promised five-fold leap to 500,000 cars a year in 2018, with the forthcoming introduction of its $35,000 Model 3 sedan. Yet Tesla’s offered proof that the automotive future doesn’t need to run on gasoline, and taken real steps to turn that vision into reality. Far-bigger rivals are now rushing to follow.

Impact Segment

Environmental Impact




Motor Vehicles & Parts


Elon Musk



Company Type


Revenues ($M) (Last Fiscal Year)


Profits ($M) (Last Fiscal Year)


Market Value ($M)


Tesla Motors is also featured in these fortune lists

News about Tesla Motors

Avis Shares Jump on Alphabet Self-Driving Car Partnership

Avis will manage Alphabet-owned Waymo's self-driving car fleet.

Read More →
Model 3 Photos Show Tesla’s New Car in the Wild

The mass-market electric car's release day is getting closer.

Read More →
Tesla's Autopilot Software Head Quits After Less Than 6 Months

"Chris just wasn't the right fit for Tesla, and we've decided to make a change."

Read More →

Videos about Tesla Motors

How Well Do You Know Elon Musk?

Test your knowledge of Tesla's CEO.

Read More →
What This Year's Fortune 500 Newcomers Can Teach Other Companies

We take a look at how several companies made the jump onto the 2017 Fortune 500 list.

Read More →
Toyota Sells Final Stake in Tesla Motors

Bringing the companies’ electric vehicle collaboration to a close.

Read More →
5 Stocks You Need To Watch Right Now

Fortune's Midyear Investor's Guide highlights five companies worth your money.

Read More →