Tesla
US company Tesla founded by Elon Musk is leading the ranking. According to the latest data, its current market value exceeds $626 billion. Tesla is a pioneer in the electric vehicle and sustainable energy sectors. It is known for its innovative models such as the Model S, Model 3, Model X, and Model Y, as well as its advanced autonomous driving technologies. The company is also actively developing energy storage and solar energy solutions, solidifying its dominant position in the market.
Toyota
Japanese company Toyota headed by Koji Sato took second place. Last year, Toyota's market value increased by 32% thanks to a surge in sales, bringing its capitalization to $277 billion. The company produces a wide range of vehicles, including popular hybrids like the Prius and rugged trucks like the Tacoma. Toyota is also investing in autonomous driving and artificial intelligence technologies to remain competitive in the global marketplace.
BYD
BYD, one of China's leading electric vehicle manufacturers, led by Wang Chuanfu, ranks third. The latest estimates put the company's market capitalization at $96 billion. BYD specializes in manufacturing not only electric cars but also electric buses and energy storage systems. In addition, the company is investing heavily in battery technology and renewable energy, contributing to a more sustainable future.
Mercedes-Benz
The fourth position belongs to German automaker Mercedes-Benz, led by Ola Källenius. The company's current market value is $73.5 billion. Among its recent achievements is the introduction of new technologies in its models. In 2024, the company released an updated electric sedan, the EQS, which features enhanced autonomous driving capabilities and a longer range.
Porsche
Porsche, another German company led by Oliver Blume, rounds out the top five. According to the latest data, its market capitalization is nearly $69 billion. Porsche is known for producing luxury sports cars, with iconic models like the Porsche 911, which has set the standard in its class for decades, as well as the powerful Cayenne SUV and the electric Taycan, first introduced in 2019.
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