Overall impact
A (82)

Commentary

Tesla is a leader for overall positive impact. With an 'A' rating of 82.1 for overall impact (95th percentile compared to all companies), Tesla ranks 14th out of 29 industry peers, behind Workhorse, Byd, Contemporary Amperex Technology and 10 others, and ahead of Magna International, Nikola, NIO and 12 others. On top material causes for Tesla's industry (Automobiles & Parts), Tesla performs well in Renewable Energy Growth (96.9 score), Renewable Energy Growth (95.0), Reduced Green House Gas Emissions (95.3) and 1 other cause where it received an 'A' score and performs poorly in Reduced Waste (37.5 score), Decent, Safe Work Opportunities (0.0), Fair Labor Practices (1.2) and 4 other causes where it received a 'D' or 'F' score.
Impact
Cause TSLA
Peer rank
Overall impact

Log in to view this information

Impact trend

Change in rating for overall impact

Log in to view this information

Company
Founded
2003
Employees
140,473
Sector
Consumer Discretionary
Industry
Consumer Finance
Sub-industry
Automobile Manufacturers
SASB industry
Automobiles
Headquarters
Tx, United States
Share classes
TSLA
Mission
To accelerate the world's transition to sustainable energy
Description
Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. The company operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers electric vehicles, as well as sells automotive regulatory credits; and non-warranty after-sales vehicle, used vehicles, body shop and parts, supercharging, retail merchandise, and vehicle insurance services. This segment also provides sedans and sport utility vehicles through direct and used vehicle sales, a network of Tesla Superchargers, and in-app upgrades; purchase financing and leasing services; services for electric vehicles through its company-owned service locations and Tesla mobile service technicians; and vehicle limited warranties and extended service plans. The Energy Generation and Storage segment engages in the design, manufacture, installation, sale, and leasing of solar energy generation and energy storage products, and related services to residential, commercial, and industrial customers and utilities through its website, stores, and galleries, as well as through a network of channel partners; and provision of service and repairs to its energy product customers, including under warranty, as well as various financing options to its solar customers. The company was formerly known as Tesla Motors, Inc. and changed its name to Tesla, Inc. in February 2017. Tesla, Inc. was incorporated in 2003 and is headquartered in Austin, Texas.
Material causes
Ethos considers the following causes material for Tesla, based on its industry sub-industry Automobile Manufacturers. Learn more about material causes in our methodology overview.

This information is subject to Ethos' Terms and Conditions, which you can find here.

This information may not be used for corporate financing purposes (including, without limitation, ESG-linked loans, credit facilities, securities or structured products), as a basis for any financial instruments or products (including, without limitation, passively managed funds and index-linked derivative securities) or other products or services, to verify or correct data in any other compilation of data or index, to create any derivative works, nor to create any other data or index (custom or otherwise), without Ethos' prior written permission.

By browsing this site you agree to our use of cookies. Read more.
We use cookies on this site to enhance your user experience. By continuing to browse the site, you are agreeing to our use of cookies. Give me more info.