Type above and press Enter to search. Press Esc to cancel.

  1. Green Auto World
  2. What's happening with Electric cars and clean energy vehicles
  3. Tesla overtakes Mercedes-Benz and Toyota to take pole position as the world’s most valuable Automobiles brand

Tesla overtakes Mercedes-Benz and Toyota to take pole position as the world’s most valuable Automobiles brand

07 Apr 2023

Tesla has taken the automobile industry by storm in recent years, with their innovative electric vehicles and cutting-edge technology. And now, the company has overtaken two of the biggest names in the industry, Mercedes-Benz and Toyota, to become the world's most valuable automobile brand.

Tesla's success can largely be attributed to its leadership in the electric vehicle marke

Tesla's success can largely be attributed to its leadership in the electric vehicle marke

According to a report by Brand Finance, Tesla's brand value has increased by an astonishing 158% in the past year, bringing its total value to $42.6 billion. This puts the company ahead of traditional giants such as Mercedes-Benz ($34.4 billion) and Toyota ($29.2 billion).

Tesla's success can largely be attributed to its leadership in the electric vehicle market. The company has been at the forefront of the EV revolution, producing some of the most popular and sought-after electric cars in the world. Tesla's Model S, Model X, and Model 3 have all been incredibly successful, and the company's new Model Y and Cybertruck are already generating a lot of buzz.

But it's not just Tesla's electric vehicles that have made the company so valuable. Tesla has also been a leader in autonomous driving technology, with its Autopilot system being one of the most advanced in the industry. And with the company's recent announcement of its Full Self-Driving (FSD) subscription service, Tesla is set to become an even bigger player in the autonomous driving space.


Tesla's success is its branding and marketing strategy

Tesla's success is its branding and marketing strategy

Another factor that has contributed to Tesla's success is its branding and marketing strategy. The company has built a strong and loyal fanbase, who are passionate about the company's mission to accelerate the world's transition to sustainable energy. Tesla has also been able to leverage social media to great effect, with its CEO Elon Musk being one of the most followed and talked-about personalities on Twitter.

Of course, there are still challenges ahead for Tesla. The company faces stiff competition from established automakers like Mercedes-Benz and Toyota, as well as new players like Rivian and Lucid Motors. And there are also concerns about the company's ability to scale up production to meet the high demand for its vehicles.

But for now, Tesla can celebrate its achievement in becoming the world's most valuable automobile brand. The company's success is a testament to the power of innovation and disruption in the automobile industry, and it serves as a reminder that the future of transportation is electric.

Wael Nakhle

BY Wael Nakhle

Wael is an automotive content writer specializes in creating written content for Motor 283. Producing a wide range of content, including blog posts, articles, product descriptions, reviews, and technical guides related to cars, trucks, motorcycles, and other vehicles, with an unprecedented passion for cars, and motorcycles.

Porsche Centre Abu Dhabi and Al Ain unveils an electrifying line-up of new Macan and Taycan models

15 Oct 2024
Porsche Centre Abu Dhabi and Al Ain unveils an electrifying line-up of new Macan and Taycan models

Porsche Centre Abu Dhabi and Al Ain, Ali & Sons Co. L.L.C., proudly unveiled the latest chapter in Porsche’s storied legacy with the launch of the much-anticipated all-electric Macan and Taycan models on October 10 in Abu Dhabi, at a stunning event filled with excitement, innovation, and luxury.

Hosted at the prestigious ADNEC Marina Hall in the capital, the grand evening marked a major milestone in Porsche’s journey of automotive excellence in the emirate, showcasing vehicles that are not just an evolution of Porsche’s new lineup but a bold step into the future of electric mobility.

In keeping with Porsche’s legacy of luxury performance, Porsche Centre Abu Dhabi introduced not only the all-electric Macan but also the new Taycan — two models that embody the brand’s essence of blending high-performance with cutting-edge technology – for Abu Dhabi and Al Ain.

“The introduction of the all-electric Macan and Taycan models represents a significant step forward in Porsche offerings in Abu Dhabi and Al Ain,” said Wissam Khalil, General Manager at Porsche Centre Abu Dhabi and Al Ain at Ali & Sons.

“By integrating advanced electric powertrains and innovative charging solutions, we are not only preserving the Porsche legacy of high performance and design excellence but also paving the way for a future where driving pleasure coexists with zero emissions. These vehicles offer our customers in the UAE unprecedented range, quick charging, and the signature Porsche driving dynamics, all while contributing to a reduced environmental footprint.”

Tesla's Big Debuts: The Cybercab and Robovan Lead the Way

13 Oct 2024
Tesla's Big Debuts: The Cybercab and Robovan Lead the Way

Tesla has once again grabbed headlines with its latest unveiling: two groundbreaking vehicles that promise to reshape the landscape of autonomous driving—the Cybercab and the Robovan. During an event held in Hollywood, CEO Elon Musk introduced these futuristic additions to Tesla's lineup, teasing a future where self-driving cars dominate the roads.

Porsche Centre Dubai unveils a new milestone in luxury performance with launch of the new all-electric Macan

12 Oct 2024
Porsche Centre Dubai unveils a new milestone in luxury performance with launch of the new all-electric Macan

Porsche Centre Dubai & Northern Emirates, Al Nabooda Automobiles LLC, unveiled the first all-electric Porsche SUV in Dubai, at an exclusive event held at the ME Hotel Dubai.

The launch event was set in an AI Magical Garden, blending cutting-edge technology and a futuristic ambience to embody the spirit of the new all-electric Macan. Created through the collaboration of people and Artificial Intelligence, the event transported guests into an extraordinary landscape where vibrant greenery was illuminated by neon lights. Featuring innovative elements, it set the stage for the debut of Porsche’s latest marvel, which inspired both the guests and the AI-driven atmosphere and experiences.

Attendees were treated to an immersive experience, exploring the remarkable features of the new all-electric Macan. With its sleek design, sports-car-like performance, and impressive range, the Macan promises to redefine the SUV segment, offering an exceptional driving experience that is both exhilarating and environmentally conscious. The launch marks a significant step in Porsche’s journey towards a sustainable future, showcasing its focus on innovation in electromobility.