Elon Musk has built Tesla into a company worth around $1.5 trillion (£1.1 trillion), a valuation so large that it exceeds the combined worth of the next 10 most valuable carmakers on the planet. Tesla passed the $1 trillion mark in 2021 and, after a turbulent 2025, now sits far beyond it, even though it sells a fraction of the cars its rivals do.
The gap is stark. Toyota, the world's biggest carmaker by sales, is valued at roughly $225B (£168B), while China's BYD, which outsells Tesla in electric vehicles, sits near $124B (£93B). Add Ferrari, General Motors, Ford, Hyundai, Porsche, Mercedes-Benz, and the rest of the top 10 together, and the total still falls short of Tesla alone, according to market data. The scale of the gap is easier to grasp on a chart, as the graphic below shows.
