Connect with us

Hi, what are you looking for?

CleanTechnica
Photo by Kyle Field, CleanTechnica.

Cars

“Where Mark Zuckerberg wants to help you share baby photos, Musk wants to … well … save the human race from self-imposed or accidental annihilation.”

In the book Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future, author Ashlee Vance writes, “He’s the possessed genius on the grandest quest anyone has ever concocted. He’s less a CEO chasing riches than a general marshaling troops to secure victory. Where Mark Zuckerberg wants to help you share baby photos, Musk wants to … well … save the human race from self-imposed or accidental annihilation.”

In short, Elon Musk knows how to establish a business with purpose. And it’s not just Musk’s biographer who thinks so. Corporate reputation management company RepTrak surveyed some 6,500 respondents about 200+ brands for their 2021 Purpose Power Index in tandem with brand agency StrawberryFrog. And it turns out that Musk’s companies made the top 10 list twice, with SpaceX and Tesla claiming the No. 3 and No. 9 rankings.

According to Graham Winfrey at Inc., “When it comes to building purpose-driven brands, Elon Musk is something of a pioneer. Musk’s electric car company, Tesla, and his aerospace manufacturing business, SpaceX, both ranked among the most purposeful brands in America, according to [this] new study.”

RepTrak’s global EVP of reputation intelligence, Stephen Hahn-Griffiths, explains, “The integrity of purpose matters more than ever before and has a bigger impact.” And, according to this study, it’s clear Elon Musk’s Tesla and SpaceX hit the mark.

So why were Musk’s companies able to shine? Winfrey explains, “the study measured corporate brand purpose using an algorithm that looked at four main elements: standing for more than just making money; improving the lives of people and communities; benefiting society as a whole; and changing the world for the better.”

To check out a comprehensive overview of the 2021 Purpose Power Index where the results of the “the largest study ever to measure perceptions of brand purpose” were announced along with a wide variety of guest speakers, including those from RepTrak, StrawberryFrog, and Inc., check out the Purpose Power Summit 2021 (in full) below.

Originally published on EVANNEX.

 

Advertisement
 
Appreciate CleanTechnica’s originality? Consider becoming a CleanTechnica Member, Supporter, Technician, or Ambassador — or a patron on Patreon.
 
Have a tip for CleanTechnica, want to advertise, or want to suggest a guest for our CleanTech Talk podcast? Contact us here.

Written By

Matt is all about Tesla. He’s a TSLA investor, and he loves driving the family's Model 3, Model S, and Model X company cars. As co-founder of EVANNEX, a family business specializing in aftermarket Tesla accessories, he’s served as a contributor/editor of Electric Vehicle University (EVU) and the Owning Model S and Getting Ready for Model 3 books. He writes daily about Tesla and you can follow his work on the EVANNEX blog.

Comments

You May Also Like

Cars

Monday's ruling means the case will play out in open court.

Cars

Are the social forces at play a sign of falling confidence in the all-electric car manufacturer? Will Tesla's innovation and robotic ingenuity offset a...

Cars

Fewer than 1 in 4 e-curious car buyers are considering a new car from an "EV only" brand.

Cars

How profitable is each car that Tesla sells? This is a question that was recently asked in a thread of misinformation and FUD (fear,...

Copyright © 2021 CleanTechnica. The content produced by this site is for entertainment purposes only. Opinions and comments published on this site may not be sanctioned by and do not necessarily represent the views of CleanTechnica, its owners, sponsors, affiliates, or subsidiaries.