Tesla Motors tops Forbes’ fifth annual list of The World’s Most Innovative Companies

Forbes
August 19, 2015

NEW YORK (August 19, 2015)Tesla Motors tops Forbes’ fifth annual list of The World’s Most Inno­v­a­tive Com­pa­nies (p.104) in the Forbes Sep­tem­ber 7th mag­a­zine issue, bump­ing Sales​force​.com to the No. 2 spot for the first time in five years.The list includes firms that investors feel are most likely to come up with the next big inno­va­tion. Alex­ion Phar­ma­ceu­ti­cals fol­lows at No. 3 for the fourth con­sec­u­tive year. Round­ing out the top five are Regen­eron Phar­ma­ceu­ti­calsat No. 4 and ARM Hold­ings at No. 5. The rank­ings are based on analy­sis from Fin­stra Con­sult­ing in col­lab­o­ra­tion with Inno­va­tors DNA and uses data and a pro­pri­etary val­u­a­tion model from HOLT, a divi­sion of Credit Suisse.  The method relies on an inno­va­tion pre­mium (IP), the dif­fer­ence between a firm’s enter­prise value and a net present value of cash flows from its exist­ing busi­nesses. For the com­plete list, visit www​.forbes​.com/​i​n​n​o​v​a​t​i​v​e​-​c​o​m​p​a​n​ies.