Elon Musk-owned Tesla jumps 35 spots up Fortune 500 list
This year, Tesla jumped 35 ranks from number 100 to number 65. San Francisco is located in California. Following the blockbuster 2021 results, Elon Musk’s Tesla has surged up the Fortune 500 list, climbing 35 spaces to number 65 in this year’s rankings.
Following the blockbuster 2021 results, Elon Musk’s Tesla has surged up the Fortune 500 list, climbing 35 spaces to number 65 in this year’s rankings.
According to Teslarati, and Brian O’Keefe, Senior Executive Editor at Fortune, the rankings this year might be interpreted as the energy industry making a comeback.
“Tesla jumped 35 ranks this year, from number 100 to number 65. Tesla’s profits increased by more than 600% to $5.5 billion last year, and “Tesla, of course, represents a revolution in the car business,” according to O’Keefe.
The business has been on a roll of late.
According to Teslaratic, Brian O’Keefe, Senior Executive Editor at Fortune, this year’s list might be considered the energy sector’s comeback.
Also Read Elon Musk is planning a 24-hour Tesla restaurant for Hollywood
“Tesla has jumped from 100th to 35th this year, jumping from 100th to 65th. Last year, Tesla’s profits increased by 600% to $5.5 billion, and Tesla, of course, marks a revolution in the auto business. According to reports, O’Keefe said.
In recent years, the corporation has been in tears, steadily climbing the Fortune 500 list while establishing itself as the unchallenged leader in electric vehicles.
According to the survey, the electric car company’s quick surge in the ranks continued, with a 35-place jump from the previous year. In 2021, the corporation had a blockbuster year, with revenues of $53.8 billion, up 70% from the previous year, and considerable expansion into key European and Chinese markets.
Tesla was listed on the Fortune 500 for the first time in 2017, at number 383 on the list.
The company’s growth continued the next year, climbing to No. 260 in 2018 and No. 144 in 2019. Tesla was ranked No. 124 on the Fortune 500 list in 2020, and just a year later, the business jumped 35 ranks, from No. 100 to No. 65, after a spectacular performance in 2021.
It has steadily ascended the Fortune 500 list in recent years, establishing itself as the unchallenged leader in electric vehicles.
According to the survey, the electric car company’s spectacular surge up the ranks continued, with a 35-spot increase over last year. The corporation enjoyed a record-breaking year in 2021, bringing in $53.8 billion in revenue, up 70% from the previous year, and considerably expanding into major European and Chinese markets.
In 2017, Tesla became the 383rd firm on the Fortune 500 list for the first time.
The company’s growth continued the next year, with the company rising to number 260 in 2018 and number 144 in 2019. In 2020, Tesla was ranked number 124, and a year later, the firm was ranked number 100.
Tesla, which is controlled by Elon Musk, climbs 35 places on the Fortune 500 list, from number 100 to number 65.
