Skip to Content

    Elon Musk’s electric-car maker has outmaneuvered the competition at every turn, revving up a massive market capitalization (nearly $60 billion) despite having built relatively few cars and annual sales that are a fraction of the revenues of old-line automakers GM and Ford. Tesla’s innovations to date have included new ways of selling (no dealerships), groundbreaking technology (autopilot self-driving capabilities), and even financing (persuading customers to make deposits far in advance of delivery). Auto giants from Detroit and beyond are beefing up their electric and autonomous muscles—a clear sign that they are trying to play catch-up to Tesla’s outsize innovation.

    Fortune Data StoreLooking for leads, investment insights, or competitive intelligence?Get Premium Access

    Company Information

    Overall Score4.4
    Sector
    Motor Vehicles & Parts
    Industry
    Motor Vehicles and Parts
    CEO
    Elon Musk
    Websitehttp://www.tesla.com
    Employees17,782
    HQ Location
    Palo Alto, Calif.
    Revenues ($M) (Past 12 Months)$10,069
    Profits ($M) (Past 12 Months)$-766
    Market Value as of Oct. 9, 2017 ($M)$57,232