Why Is Tesla Bigger Than Toyota

Why is Tesla bigger than Toyota?

There are a number of reasons why Tesla is bigger than Toyota.

Tesla has a more valuable brand. Tesla’s brand is worth $35.8 billion, while Toyota’s brand is worth $25.9 billion. This is due to Tesla’s focus on innovation and its ability to create products that consumers want.
Tesla has a higher market capitalization. Tesla’s market capitalization is $744.5 billion, while Toyota’s market capitalization is $228.5 billion. This is due to Tesla’s strong financial performance and its growth potential.
Tesla has a higher stock price. Tesla’s stock price is $750.25, while Toyota’s stock price is $202.77. This is due to Tesla’s strong financial performance and its growth potential.
Tesla has a higher revenue growth rate. Tesla’s revenue growth rate is 57.4%, while Toyota’s revenue growth rate is 4.2%. This is due to Tesla’s focus on new product development and its ability to capture market share.
Tesla has a higher net income growth rate. Tesla’s net income growth rate is 137.8%, while Toyota’s net income growth rate is 3.5%. This is due to Tesla’s strong financial performance and its ability to control costs.

Overall, Tesla is a more valuable company than Toyota due to its stronger brand, higher market capitalization, higher stock price, higher revenue growth rate, and higher net income growth rate.

Sources:

[Tesla](https://www.tesla.com/)
[Toyota](https://www.toyota.com/)
[Brand Finance](https://www.brandfinance.com/)
[Statista](https://www.statista.com/)