Tesla Has Become the Most Expensive Car Company in the World
OREANDA-NEWS. The capitalization of the Tesla brand reached $605 billion. The cost of Toyota, which takes the second place, is 2.5 times less and amounts to $244.1 billion. On the third line is Volkswagen, which is estimated at $153.2 billion, according to Russian media «RBC Investments».
The TOP 5 most expensive automakers in the world, in addition to Tesla, Toyota and Volkswagen, include Daimler ($90.8 billion) and General Motors ($80.4 billion). In the sixth place, the Chinese BYD with a capitalization of $ 68 billion was fixed – this is the largest figure among all car manufacturers from China. At the same time, if we compare the volume of revenue, then Tesla is far from the first line and is not even in the top ten. Thus, the revenue of the American brand for 2020 amounted to $ 31.5 billion, and with this result, the brand ranks 14th. At the same time, the weighted average growth rate of Tesla's revenue over the past three years was 21.4%.
The TOP 5 most expensive automakers in the world also include Daimler ($90.8 billion) and General Motors ($80.4 billion). On the sixth line, the Chinese BYD with a capitalization of $68 billion was fixed – this is the largest indicator among all car manufacturers from China. At the same time, if we compare the volume of revenue, then Tesla is far from the first line and is not even in the top ten. Thus, the revenue of the American brand for 2020 amounted to $31.5 billion, and with this result, the brand ranks 14th. At the same time, the weighted average growth rate of Tesla's revenue over the past three years was 21.4%.
The leaders in terms of revenue for the past year were Volkswagen and Toyota, which managed to earn 254 and 249.4 billion dollars, respectively. Next are Daimler ($175.9 billion), Ford ($127.1 billion) and GM ($122.5 billion).
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