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How Elon Musk Turned Tesla Into a $1 Trillion Carmaker Worth More Than the Next 10 Rivals Combined

Summary by IBTimes UK
Elon Musk has built Tesla into a company worth around $1.5 trillion (£1.1 trillion), a valuation so large that it exceeds the combined worth of the next 10 most valuable carmakers on the planet. Tesla passed the $1 trillion mark in 2021 and, after a turbulent 2025, now sits far beyond it, even though it sells a fraction of the cars its rivals do. The gap is stark. Toyota, the world's biggest carmaker by sales, is valued at roughly $225B (£168B),…

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IBTimes UK broke the news in United Kingdom on Thursday, July 9, 2026.
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