Tesla Market Cap More Than Market Cap of Toyota, BYD, GM, Ford, Hyundai, Kia, Mercedes-Benz, Stellantis, Geely, Ferrari, BMW, Volkswagen Group, Honda, Nissan, Renault, XPENG, and NIO Combined - CleanTechnica

The article examines the remarkable market capitalization of Tesla, which currently exceeds the combined market value of major global automakers including Toyota, BYD, GM, Ford, Hyundai, Kia, Mercedes-Benz, Stellantis, Geely, Ferrari, BMW, Volkswagen Group, Honda, Nissan, Renault, XPENG, and NIO. The author confirms that the total market cap of these companies combined is approximately $1.16 trillion, which is still about $130 billion less than Tesla’s market cap alone. This striking valuation has sparked debate about whether Tesla’s stock price is justified by its current sales performance and market realities. Several commenters argue that Tesla’s valuation is largely speculative, driven by investor optimism about its future potential rather than its recent sales trends, which have actually declined over the past two years. One perspective highlighted is that Tesla is priced as if it will dominate the entire global car market and succeed in revolutionary technologies like fully autonomous vehicles and robotaxis, despite the fact that such advancements might not increase total