September 2020

Tesla, Inc.

Impact analysis

01
Overview

The electric carmaker hit headlines at the beginning of July, when its $201 billion market capitalisation overtook that of ExxonMobil: once the largest company in the world, now a poster child for the worst oil price crash in history.

Surprising analysts, Tesla reported a profit of $104 million in July. The announcement marked a fourth consecutive quarter of profits, even as the pandemic squeezed other automakers. It also qualified Tesla for inclusion in the S&P 500 index, a prerequisite for which is consistent profits. This month happened to mark the ten-year anniversary since Tesla's IPO. A decade ago, electric cars were a niche market. Today, their ubiquity seems all but guaranteed, as prices fall, batteries become more efficient, and governments prepare cities for electrification.

02
Performance
All SDGs
Aggregated score
+
36
%
-
10
%
01
No Poverty
+
6
%
-
5
%
02
Zero hunger
+
0
%
-
0
%
03
Good health and well-being
+
6
%
-
0
%
04
Quality education
+
0
%
-
0
%
05
Gender equality
+
0
%
-
0
%
06
Clean water and sanitation
+
3
%
-
41
%
07
Affordable and clean energy
+
7
%
-
0
%
08
Decent work and economic growth
+
87
%
-
0
%
09
Industry innovation and infastructure
+
47
%
-
5
%
10
Reduced inequalities
+
0
%
-
0
%
11
Sustainable cities and communities
+
47
%
-
5
%
12
Responsibile consumption
+
47
%
-
0
%
13
Climate action
+
87
%
-
0
%
14
Life below water
+
6
%
-
5
%
15
Life on land
+
6
%
-
5
%
16
Peace justice and strong institutions
+
0
%
-
0
%
17
Partnerships for the goals
+
41
%
-
0
%