Tesla becomes most valuable auto brand leaving behind Mercedes-Benz: 5.42 lakh crore valuation of company, 8 Indian companies in top-100.
Elon Musk’s electric car manufacturing company Tesla has become the world’s most valuable automobile company with a brand valuation of $ 66.2 billion (about 5.42 lakh crore). Tesla has achieved this title by leaving behind the German automobile company ‘Mercedes-Benz’. Which was the most valuable company till now.
According to a new report by global brand valuation and strategy consultancy Brand Finance, the brand valuation of Mercedes-Benz declined 3% to $58.8 billion (about Rs 4.83 lakh crore). At the same time, Japan’s Toyota is at number three in this list with a brand valuation of $ 52.4 billion (about 4.31 lakh crore).
Positive sign for Tesla
Alex High, director of brand finance valuation, said that this increase in Tesla’s brand valuation is a positive sign for the company. This suggests that customers are giving more importance to Tesla, which can lead to an increase in sales and revenue in the future.
Elon Musk is the second richest person in the world
Forbes released its 37th annual list of the world’s billionaires on Tuesday, April 4. In this list, Tesla CEO Elon Musk is in second place with a net worth of $ 180 billion (about 14.7 lakh crores).
