Tesla’s valuation has soared, outstripping the combined worth of major automakers like GM, Ford, and Toyota. This is largely due to its pioneering role in electric vehicles, strong brand loyalty, and Elon Musk’s vision for future mobility and technology, overshadowing traditional car companies in market cap despite lower production volumes. Despite becoming a pariah for his support of the Trump presidential effort, his new proximity to power could well pay dividends (literally) for his business enterprises such as Starlink, Tesla, The Boring Company, Neuralink, and Space X.
Tesla is now worth more than all of these companies combined:
GM
Ford
Mercedes-Benz
Toyota
Honda
Volvo
Volkswagen
Hyundai
Ferrari
BYD
Aston Martin
Kia
Rivian
Renault
Stellantis
Suzuki
BMW
Lucid
Polestar
Nissan
Geely
NIO
Subaru
Mazda
Nikola
Mitsubishi
Harley-Davidson
Vinfast