Elon Musk’s electric-car company cruised to No. 100 on this year’s list. It’s a big accomplishment for the automaker, which brought in $31.5 billion in sales for its fiscal 2020, a 28% jump over the previous year. Tesla also reported a profit of $721 million in 2020, driven largely by regulatory credits. While Consumer Reports ranked Tesla second to last in its most recent automobile reliability survey, the carmaker still captivates investors—not least because of its recent big bet on Bitcoin. Tesla remains the most valuable automaker in the world with a market cap of nearly $600 billion as of May.
Lists ranking Tesla
World’s Most Admired Companies - 2022Just as it dominates our economy, Big Tech now dom...READ MOREview in list
Latest news for Tesla
- TechTesla relegated to the backseat in Cathie Wood’s ARK fund as woes mount for Elon MuskMay 20, 2022 3:56 PM UTC
- FinanceElon Musk is not happy with a meme mocking his new-found attention to TwitterMay 20, 2022 11:54 AM UTC