Video: More Expensive Than Toyota, VW, Daimler And GM Combined: How Much Does Tesla Cost
2023 Author: Natalie MacDonald | [email protected]. Last modified: 2023-05-21 02:36
Tesl is once again named the most valuable car company in the world at $ 605 billion. This is 2.5 times more expensive than the second-ranked Toyota. At the same time, according to RBC Investments, Tesl yields to the same Toyota about eight times in revenue.
- The five most expensive automakers, according to capitalization indicators, were, in addition to Tesla, Toyot ($ 244.1 billion), Volkswagen ($ 153.2 billion), Daimler ($ 90.8 billion) and General Motors ($ 80.4 billion). It is noteworthy that the sixth place was taken by the BYD concern with a capitalization of 68 billion - the most expensive automobile company from China.
In the ranking of revenue volumes at the end of 2020, Tesl took only 14th place, having managed to collect $ 31.5 billion. Volkswagen and Toyota are arguing for leadership in this indicator, accumulating $ 254 and 249.4 billion, respectively. In addition, the top five included Daimler (175.9 billion), Ford (127.1 billion) and GM (122.5 billion). According to the estimates of the experts of the publication, if Tesl plans to catch up with Volkswagen in terms of annual revenue, it will have to maintain the pace taken over the past three years for 11 years: the weighted average of the company's revenue growth over this period was 21.4%. And to do this, you need to sell about the same number of cars as Toyot and Volkswagen combined.
- Thus, the automakers, which have recently taken a course towards electrification, have all the necessary resources in order to deprive Tesl of the title of the main manufacturer of electric cars on the planet. Almost all companies in the top five in terms of revenue have already announced their intention to concentrate one way or another on battery transport.
- Tesl became aware of a sharp increase in capitalization at the end of last year - at its own cost, the Californian company overtook all major global manufacturers. At the end of 2020, Tesl sold almost 500 thousand cars, while the company itself called this number a record.