Here are the world's largest car producers in 2023, with Tesla taking the lead.

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Cindy Mutia Annur 16/08/2023 18:13 WIB

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Tesla is currently the world's largest automobile producer. According to Companies Market Cap, Tesla's market capitalization was US$738.36 billion as of August 16, 2023.

Top 10 Car Manufacturers by Market Capitalization (August 16, 2023)

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Top 10 Car Manufacturers by Market Capitalization (August 16, 2023)

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Tesla is currently the world's largest car manufacturer.

This is based on data from the Companies Market Cap website, which shows that Tesla has a market capitalization of US$738.36 billion as of August 16, 2023. The electric vehicle company's market capitalization is the largest among other automotive companies.

Tesla's owner, Elon Musk, is even the richest person in the world currently, according to Forbes Real Time Billionaires. Musk's wealth is recorded at US$219 billion.

Furthermore, Toyota ranks second as the world's largest car manufacturer. The market capitalization of the Japanese car manufacturer reaches US$224.18 billion.

The German car manufacturer, Porsche, ranks third largest in the world with a market capitalization of US$104.68 billion. Then, the Chinese manufacturer, BYD, is the fourth largest with a market capitalization of US$96.4 billion.

Companies Market Cap ranks these companies from a total of 60 global automotive companies currently listed on the stock exchange. The total market capitalization of these companies is estimated to reach US$2.15 trillion.

Below are the top 10 fashion companies with the largest market capitalization in the world: *(Note: The original text lists automotive companies, not fashion companies. This section has been corrected to reflect the data presented.)*

1. Tesla (United States): US$738.36 billion
2. Toyota (Japan): US$224.18 billion
3. Porsche (Germany): US$104.68 billion
4. BYD (China): US$96.4 billion
5. Mercedes-Benz (Germany): US$81.12 billion
6. BMW (Germany): US$72.92 billion
7. Volkswagen (Germany): US$71.64 billion
8. Ferrari (Italy): US$57.76 billion
9. Stellantis (Netherlands): US$56.45 billion
10. Honda (Japan): US$50.75 billion

Editor : Erlina Fury Santika

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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Here are the world's largest car producers in 2023, with Tesla taking the lead.

Here are the world's largest car producers in 2023, with Tesla taking the lead.

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Here are the world's largest car producers in 2023, with Tesla taking the lead.

Here are the world's largest car producers in 2023, with Tesla taking the lead.

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