Tesla’s brand value slumped by 35 per cent in the past year


The value of the Tesla brand has taken a 35 per cent dive over the last 12 months, according to an annual survey of the world’s most valuable brands – in which arch-rival BYD made the top-100 list for the first time.

The Interbrand Best Global Brands Top 100 has been running for more than 25 years and evaluates the brand value of some of the world’s biggest companies.

It uses a combination of factors including revenue, presence, profitability, public profile and ‘brand strength’ to rank brands across all fields.

This year Tesla slid from its 12th-place ranking in 2024 to sit 25th, with its value judged to be US$29.5 billion (A$45.6bn) less than it was a year ago – a reduction of 35 per cent. 

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It comes as Tesla suffered significant sales declines in Europe, China, the US and Australia for a variety of reasons. This included both CEO Elon Musk’s involvement in US and global politics, as well as production gaps between model changeovers.

Despite the fall, the electric vehicle (EV) maker remained the fourth most valuable automotive brand on the list.

Toyota placed highest of all automakers in sixth overall – as it did in 2024 – and was valued at US$74.2 billion (A$114.7bn), a year-on-year improvement of 2.0 per cent.

Mercedes-Benz was the next-best auto brand in 10th (previously 8th), and its value fell by 15.1 per cent to US$50.1 billion (A$74.2bn), with BMW ranked 14th (10th in 2024), ahead of Tesla in 25th.