Automotive
Jul 1, 2020Tesla becomes the most valuable automaker
Tesla's market capitalization surpasses every legacy automaker, validating the EV transition thesis.
Most valuable automaker
Rank
Accelerated industry EV plans
Effect
In 2020 Tesla's market value overtook that of Toyota and the other legacy automakers, becoming the most valuable car company in the world. The repricing pushed the entire industry to accelerate its own electric-vehicle commitments.
Primary source
Tesla Investor RelationsShare:
Last updated Jul 1, 2020Comments(0)
Sign in to join the discussion.
Sign in- No comments yet. Be the first.