Tesla More Valuable Than All Other OEMs Combined

It’s been a few days now. Tesla’s share price rally over the past month has not only pushed its market valuation to a peak of 1.47 trillion US dollars (1,470 billion), it has also made Tesla more valuable than all 42 other car manufacturers combined. Together they are worth 1.235 trillion US dollars, which is almost 235 billion dollars less than Tesla’s valuation – almost the same value as Toyota.

Tesla therefore accounts for 54.3% of the market value of all OEMs. Tesla’s daily fluctuations are currently in a range that corresponds to the stock market valuation of manufacturers such as Volkswagen, BMW or Stellantis.

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This article was also published in German.