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Elon Musk’s EV and battery manufacturer leaps up the ranking as it becomes one of the world’s most valuable companies. Why such potential? Furious expansion of its global manufacturing capacity should allow Tesla to begin producing greater volumes of cars, thus improving cash flow and justifying its eye-watering valuation, and perhaps even dragging the auto industry into a fossil fuel–less future. (See our profile of Musk in this issue.)

Courtesy of Tesla
Lists ranking Tesla
World’s Most Admired Companies - 2021After a year in which humanity leaned more heavily...READ MOREview in list
RANK18
Future 50 - 2020Explore this year's ranking of the 50 companies wi...READ MOREview in list
RANK124
Fortune 500 - 2020This year's Fortune 500 marks the 66th running of ...READ MOREview in list