Tesla Officially Becomes The World’s Most Valuable Car Company

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Tesla Officially Becomes The World’s Most Valuable Car Company

Having tailed the competition for some time now, Tesla has overtaken Toyota to officially become the world’s most valuable car company. As per the data collated by Visual Capitalist, the automaker (NASDAQ: TSLA) holds a market cap of US$183 billion, beating out Toyota’s (NYSE: TM) US$176 billion (as of June 16th).




Rounding out the rest of the top ten list, we have:
  • Volkswagen (VWAGY) at US$84 billion
  • Honda (NYSE: HMC) at US$45 billion
  • Damler (DDAIF) at US$44 billion
  • Ferrari (NYSE: RACE) & BMW (BMWYY) at US$42 billion
  • GM (NYSE: GM) at US$40 billion
  • Ford (NYSE: F) at US$26 billion
  • Nikola (NASDAQ: NKLA) at US$25 billion
Via: Boss Hunting
 
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