Tesla May Be Worth More, but It's Still Not as Valuable as Toyota

Tesla May Be Worth More, but It's Still Not as Valuable as Toyota

Marketing research firm Kantar and advertising giant WPP (NYSE: WPP) have released their 2020 Top 100 Most Valuable Global Brands report, and Tesla (NASDAQ: TSLA) is climbing the ladder. The electric-vehicle maker's brand value has jumped 22% versus 2019, according to the report. While Tesla's market capitalization has now surpassed Toyota's (NYSE: TM), the Japanese automaker still leads the auto category for overall value.