Throughout the majority of the 20th century, the auto industry was a secure and stable investment. The majority of automakers experienced consistent growth, and investors almost always received more money than they invested. When Tesla and other companies with similar ideas entered the market, everything changed.
In 2010, a Tesla share was worth only $3.84, while a Ford share was worth $11.64. In contrast, Tesla’s stock price is $626.16 per share while Ford’s is $12.42 per share. (all stock prices are accurate at the time of publication) Since Henry Ford began mass-producing the Model T, the market has not been this volatile.
Tesla is not the only company making a significant impact. Rivian, a manufacturer of electric trucks and SUVs, produced only 920 cards in 2021, but the company’s value is comparable to Ferrari’s.
A new electric company that has existed for only a few years is just as valuable as a luxury automobile brand that has existed since 1939.
This type of exponential financial growth is frightening for companies that have been in existence for a long time but are unable to adapt to the times. Most of them have already produced electric or alternative-fuel automobiles, so they will be around for some time. Here are the ten most valuable automakers in the world at present.
Honda ($42 Billion)
Since 1948, the Honda Motor Company has existed. It produces automobiles, motorbikes, and power tools. In 1959, Honda became the largest motorcycle manufacturer in the world, a position it has held ever since.
Due to this title and Honda’s status as the second-largest automaker in Japan, the company’s market value is approximately $42 billion. This places it as the tenth most valuable automaker worldwide.
Stellaris ($45 Billion)
Stellaris is the parent company of numerous global automakers. It was established in 2021. PSA Group and Fiat Chrysler Automobiles merged to form the multinational corporation.
Stellaris will assume responsibility for Alfa Romeo, Abarth, Chrysler, Citron, Dodge, Fiat, Jeep, Lancia, Maserati, Opel, Peugeot, RAM, and Vauxhall beginning in 2022. SStellariswill is additionally responsible for Fiat Professional, DS Automobiles, and Mopar, which are Fiat subbrands.
Ford (50 billion dollars)
The Ford Motor Company has existed since 1903 and is currently the second most valuable of the “Big Three” corporations in the United States. Ford is the parent company of numerous international businesses.
In 2021, the company produced approximately 2 million automobiles. This number would be higher if it weren’t for the fact that Ford, one of the companies hardest hit by the shortage of semiconductors, continues to struggle with production.
GM ($51 Billion)
General Motors is currently the most valuable of the “Big Three” American corporations, but only by a narrow margin. GM is currently valued at $51 billion on the market.
In 2021, GM’s subsidiaries, including Chevrolet, Cadillac, Buick, GMC, and the Chinese brands Wuling and Baojun, produced an astounding 6,2 million automobiles.
BMW ($54 Billion)
In 1916, an aircraft engine manufacturer, an aircraft manufacturer, and a car manufacturer merged to form Bayerische Motoren Werke AG, or BMW.
BMW is one of the “Big Three” German automobile manufacturers. Similar to Mercedes-Benz, it remains a separate corporation with multiple subsidiaries.
Daimler ($75 Billion)
Mercedes-Benz Group AG, formerly known as Daimler, was founded in 1926 when Daimler Motoren Gesellschaft and Benz & Cie merged.
The company was formerly known as Daimler-Benz until 1998, when it acquired Chrysler and changed its name to Daimler-Chrysler. Chrysler left the company in 2007 when it was acquired by Fiat, and Daimler changed its name to Daimler AG in the same year.
BYD ($95 Billion)
BYD is one of the largest manufacturing companies in China. It consists of two divisions, namely BYD Automotive and BYD Electronic. Batteries are manufactured by BYD Electronic for the Automotive division.
BYD primarily sells its automobiles in the East and the Middle East. Some of the company’s models resemble Toyotas and BMWs. BYD produced nearly one million automobiles in 2021, but the company’s primary source of revenue was battery production.
Volkswagen ($100 Billion)
Volkswagen is currently the largest automaker in Europe and the third-largest in the world. The Volkswagen Group owns numerous other automakers, ranging from SEAT and Skoda, which produce affordable automobiles, to Audi and Porsche, which produce luxury automobiles, to Bentley and Lamborghini, which produce extremely expensive automobiles. This totals approximately $100 billion in market value.
Toyota ($300 Billion)
Toyota has been in business since the 1920s, when it manufactured textile looms. In 1936, Toyota produced its first automobile for consumer use. The rest is now past. Toyota is now one of the world’s largest conglomerates. It owns or has a stake in numerous businesses in various industries.
Toyota and Volkswagen typically vie for second place. Volkswagen rose to second place after the 2011 Japan earthquake and tsunami, but Toyota quickly caught up and is now worth approximately $300 billion. Also, Toyota produces approximately 10 million automobiles annually, which is approximately 4 million more than any other company.
Tesla ($600 Billion – $1 Trillion+)
Tesla has only existed since 2003, and it did not mass-produce its first vehicle until 2012. However, it has already impacted the automobile industry. The price of Tesla’s stock fluctuates frequently, sometimes by a significant amount. Almost every month, or whenever Elon Musk, CEO, says or does something questionable, this occurs.
Due to this, Tesla has become the most profitable automaker in the world, with a market value of well over a trillion dollars, despite the fact that this value fluctuates greatly. This means that Tesla is more valuable than the next seven automakers combined. Incredible work for a company that has existed for less than twenty years.