Tesla up 19 spots in 2023 World’s Top 25 Most Valuable Brands rankings

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Tesla has skyrocketed 19 spots to rank 11th on Interbrand's 2023 World’s Top 25 Most Valuable Brands list.

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The rankings are based on factors such as financial performance, the role of brand in the purchase decision process and its competitive strength.

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Tesla's value has grown exponentially since the company released its first all-electric car, the Roadster, back in 2008.

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It has revolutionized electric mobility and redefined our view of what cars can do.

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From accelerating clean energy transportation to offering self-driving features, Tesla continues to lead the industry in technological innovation and environmental sustainability.

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As a result, it's now valued at $47 billion up 34 percent from last year.

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