According to Kantar BranZ, a research and industry valuation firm, Tesla and TikTok are the world’s top two fastest-growing companies. Tesla, securing the number one position, has increased its stock by 700%. The company raised its sales by 90% in China by manufacturing electric cars in China itself. Plus, the production of the new model Y has helped Tesla enter the SUV market. TikTok, being the second fastest-growing company, is the world’s most downloaded application. As per Kantar BranZ, the retail sector is growing at an unimaginable pace due to a significant surge in e-commerce.