In pics | Tesla dethrones Toyota as most valuable automaker globally; here are 10 most valuable car makers

Elon Musk’s Tesla made history by overtaking Toyota to become the most valuable automaker in the world. After several years of losses, Tesla has delivered three straight profitable quarters since the third quarter of 2019 and surprised investors with a solid first-quarter, despite the virus outbreak. Here are the 10 most valuable car companies according to Yahoo Finance as of June 11. (Image: Reuters)

Rank 10 | Ford | Market cap: $24 billion | Country: United States (Image: Reuters)

Rank 9 | SAIC | Market cap: $29 billion | Country: China (Image: saicmotor.com)

Rank 8 | General Motors | Market cap: $38 billion | Country: United States (Image: CNBCTV18)

Rank 7 | BMW | Market cap: $41 billion | Country: Germany (Image: Reuters)

Rank 6 | Ferrari | Market cap: $41 billion | Country: Italy (Image: Reuters)

Rank 5 | Daimler | Market cap: $43 billion | Country: Germany (Image: Daimler.com)

Rank 4 | Honda | Market cap: $45 billion | Country: Japan (Image: Reuters)

Rank 3 | Volkswagen | Market cap: $79 billion | Country: Germany (Image: Reuters)

Rank 2 | Toyota | Market cap: $173 billion | Country: Japan (Image: Reuters)

Rank 1 | Tesla | Market cap: $180 billion | Country: United States (Image: Reuters)