Tesla Falls Just Behind Toyota And Mercedes In Best Global Brands 2022 Rankings

Tesla Falls Just Behind Toyota And Mercedes In Best Global Brands 2022 Rankings
Anyone who takes the stock market as a reference for anything else other than share prices should learn two important lessons. One is how volatile it is: a company now worth billions may lose a lot of market cap with any bad news. The other is that other valuation methods often disagree with what stock prices are saying. A good example is the Best Global Brands 2022 Ranking, elaborated by Interbrand: Toyota beats Tesla in it.

To be honest, Toyota and Mercedes-Benz do that. They are the only automotive brands among the ten best ones in a ranking led by Apple. Toyota is the 6th, with a brand value of $59.757 billion. Mercedes-Benz is the 8th, with a brand worth $56.103 billion. Both presented a 10% growth compared to their brand values in 2021.

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