Tesla is one of the most valuable brands in the world, according to industry data, and in 2021 Tesla’s brand value skyrocketed to $36.27 billion — pushing the company into the top 20 most valuable brands worldwide for the first time. According to data presented by TradingPlatforms, Tesla experienced a brand value growth of 184% – the highest out of all global brands.
When it was founded in 2003, Tesla was originally known as Tesla Motors, with electric cars still its only focus. Nowadays, Tesla is still known for its electric cars, but has also grown to become a clean energy company. Tesla’s enigmatic CEO and Chief Engineer, Elon Musk, also regularly makes headlines, which makes Tesla a very recognizable name even to the most casual of observers, TradingPlatforms says.
The next-highest-growing brand, Sephora, experienced 37% growth.
