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InsideEVs
InsideEVs
Technology

Tesla's 'Brand Value' Plummeted By $15 Billion In 2024: Report

  • Tesla fell behind Toyota and Mercedes-Benz in "brand value," a metric calculated by research and consulting firm Brand Finance.
  • This metric appears to consider more of Tesla's real-world performance and less of what the automaker has promised for the future.
  • Its recommendation and consideration scores also fell sharply due to a lack of new models and CEO Elon Musk's culture wars. 
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