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Rejean (not verified)    April 9, 2024 - 10:13AM

Your article says 'Toyota's strategy is not a case of missing the EV bus, but rather taking a calculated approach'. I beg to differ. Which company is growing at incredible speed, quickly taking over legacy company markets? Tesla who makes 100% electric vehicles. Which company has no debts, makes close to 10,000$ per vehicle and has billions in cash reserve? Tesla. Which one has a huge debt and makes about 10 times less money per vehicle than Tesla? Toyota. How long really do you think Toyota can sustain its hybrid strategy as a company like Tesla improves its products at lightning speed and increases production 10 fold every couple of years; as Chinese companies produce more and more cheap 100% EVs and the Korean car makers are shifting fast to EVs?

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