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Tesla market cap eclipses that of top 5 rival carmakers combined

10/26/2021 | 03:21pm EST
FILE PHOTO: The logo of car manufacturer Tesla is seen at a dealership in London

    Oct 26 (Reuters) - Tesla Inc surpassed $1 trillion
in market value on Monday, overshadowing the combined value of
five of its biggest rivals, Toyota Motor Corp,
Volkswagen AG, Daimler AG, Ford Motor Co
 and General Motors.
    The electric vehicle maker landed its biggest-ever order
from rental car company Hertz of 100,000 cars to be delivered by
the end of next year.
    Here is a list of EV (electric vehicle) and ICE (internal
combustion engine) automakers in the world and their market cap
as of last close.

    
 Company       Market Value  Primary      2020 unit   Headquarter
                             engine type  Sales/Deli  
                                          veries      
 Tesla Inc     $1 trillion   EV           499,550     Austin,
                                                      Texas
 Toyota Motor  32.2          ICE          9.5 mln     Toyota
 Corp          trillion yen                           City,
               ($284.11                               Aichi,Japan
               bln)                                   
 Volkswagen    125.5 bln     ICE          9.3 mln     Wolfsburg,
 AG            euros                                  Lower
               ($146.83                               Saxony,
               bln)                                   Germany
 Daimler AG    89 billion    ICE          2.8 mln     Stuttgart,
               euros                                  Germany
               ($103.58                               
               bln)                                   
 General       $83.85 bln    ICE          2.5 mln     Detroit,
 Motors Co                                            Michigan,
                                                      United
                                                      States
 Nio Inc       $67.63 bln    EV           43,728      Shanghai,
                                                      China
 BMW           57.08 bln     ICE          2.3 mln     Munich,
               euros                                  Germany 
               ($66.43 bln)                           
 Stellantis    54.86         ICE          3.8 mln     Amsterdam,
 AV            billion                                Netherlands
               euros                                  
               ($63.85 bln)                           
 Ford Motor    $62.78 bln    ICE          4.2 mln     Michigan,
 Co                                                   United
                                                      States
 Ferrari NV    38.7 bln      ICE          9,119       Maranello,
               euros ($44.9                           Italy 
               bln)                                   
 Hyundai       51.9          ICE          3.7 mln     Seoul,
 Motor Co      trillion won                           South Korea
                ($44.09                               
               bln)                                   
 Lucid Group   $43.46 bln    EV           N/A         Newark,
 Inc                                                  California,
                                                      United
                                                      States
 Xpeng Inc     $41.15 bln    EV           27,041      Guangzhou,
                                                      China 
 Li Auto       $35.34 bln    EV           32,624      Bejing,
                                                      China
 Kia Corp      34.37         ICE          1.3 mln     Seoul,
               trillion                               South Korea
               won  ($29.20                           
               bln)                                   
 Nissan        2.5 trillion  ICE          4 mln       Yokohama,
 Motors        yen ($21.8                             Japan 
               bln)                                   
 Nikola        $4.42 bln     EV           N/A         Phoenix,
                                                      Arizona,
                                                      United
                                                      States
 Canoo Inc     $1.77 bln     EV           N/A         Torrance,
                                                      California,
                                                      United
                                                      States
 Lordstown     $888.4 mln    EV           N/A         Lordtown,
 Motors                                               Ohio,
                                                      United
                                                      States
 Workhorse     $800.7 mln    EV           N/A         Loveland
 Group                                                Ohio,
                                                      United
                                                      States
 
($1 = 0.0088 yen)
($1 = 0.8593 euros)
($1 = 1,177.2300 won)

    
 (Reporting by Eva Mathews in Bengaluru; Editing by Arun Koyyur)
  

ę Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
BMW AG 1.87% 90.01 Delayed Quote.22.41%
CANOO INC. -4.81% 9.7 Delayed Quote.-29.71%
DAIMLER AG 1.39% 86.62 Delayed Quote.47.90%
FERRARI N.V. -0.11% 258.53 Delayed Quote.11.91%
HYUNDAI MOTOR COMPANY 0.24% 206500 End-of-day quote.7.55%
KIA CORPORATION 1.70% 83900 End-of-day quote.34.46%
LORDSTOWN MOTORS CORP. 1.25% 4.05 Delayed Quote.-80.06%
LUCID GROUP, INC. -5.10% 44.86 Delayed Quote.348.15%
NIKOLA CORPORATION 4.55% 9.88 Delayed Quote.-37.75%
NISSAN MOTOR CO., LTD. -2.41% 550.9 End-of-day quote.-1.63%
STELLANTIS N.V. 3.33% 16.832 Delayed Quote.11.13%
TESLA, INC. -0.59% 1009.01 Delayed Quote.53.70%
TOYOTA MOTOR CORPORATION -0.63% 2066 End-of-day quote.29.82%
VOLKSWAGEN AG 1.87% 173.42 Delayed Quote.11.73%
WORKHORSE GROUP INC. 2.99% 5.16 Delayed Quote.-74.67%
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