How Does Green Finance Exert an Influence on the Sustainable Development of Green Enterprises - With Tesla as a Case in Point

Since the formal implementation of the Paris Agreement in 2016, countries have begun to develop and promote "green industries" in order to achieve its goal of alleviating global warming and reducing the rate of temperature rise before the end of this century. As a result, many "green enterprises" have emerged and are thriving in the global market. This paper explores how green finance strategies adopted by these companies can help them grow sustainably. The study adopts a case analysis method, taking the American automobile company Tesla as a typical example. By analyzing and comparing data from Teslas 2023 Impact Report and reports from industry competitors, this thesis finds that specific green finance strategies enable green enterprises to achieve sustainability by protecting the environment and enhancing social impact while reducing their costs in the meantime. Additionally, it points out existing problems within most green enterprises in today's market and provides possible solutions for these issues.