Automakers with Highest Market Valuations and Stock Price Performances

Over the course of time, the automaking industry has grown tremendously. There was a time when the entire automaking industry was dominated by the fuel-based engine manufacturing automakers. However, with Tesla’s participation in the competition, the industry has gone on to achieve new milestones and levels.

Other traditional automaking companies have also started producing electric cars in order to compete with Tesla but still, they are having a hard time keeping up with the boss.

At present, Tesla is ruling the automobile sector with the highest market capitalization but other companies are trying to compete with it. Despite having the highest market capitalization doesn’t mean that the company’s stock prices are performing better than others.

It is time to go through the market capitalizations of other companies compared to that of Tesla as well as their current stock prices and performance.

Tesla is currently the top automaker in the industry with the highest market capitalization of $1.227 trillion. The electric-car manufacturing company’s stock prices have experienced a 0.64% drop in the stock market today and it is currently trading at $1,222 per share.

Toyota is the second top automaker in the industry with a market capitalization of $250.63 billion. The automaking company’s stock prices have experienced a 1.21% drop in the stock market today and it is currently trading at $179.28 per share.

Volkswagen is the third top automaker in the industry with a market capitalization of $149.05 billion. The automaking company’s stock prices have experienced a 2.71% increase in the stock market today and it is currently trading at $222.97 per share.

BYD is the fourth top automaker in the industry with a market capitalization of $140.32 billion. The automaking company’s stock prices have experienced a 3.38% drop in the stock market today and it is currently trading at $49.05 per share.

Daimler is the fifth top automaker in the industry with a market capitalization of $108.31 billion. The automaking company’s stock prices have experienced a 0.68% increase in the stock market today and it is currently trading at $101.25 per share.

General Motors is the sixth top automaker in the industry with a market capitalization of $84.96 billion. The automaking company’s stock prices have experienced a 0.20% drop in the stock market today and it is currently trading at $58.52 per share.

Ford is the seventh top automaker in the industry with a market capitalization of $75.72 billion. The automaking company’s stock prices have experienced a 0.67% drop in the stock market today and it is currently trading at $19.29 per share.

Great Wall Motors is the eighth top automaker in the industry with a market capitalization of $73.84 billion. The automaking company’s stock prices have experienced a 0.27% drop in the stock market today and it is currently trading at $9.82 per share.