Why Toyota Stock Was Sinking Today
Toyota(TM) The Motley Fool·2024-10-04 04:07
Investors weren't keen on news of a production delay and a multimillion-dollar investment in an air taxi company.Two developments with Toyota Motor (TM -2.40%) weren't greeted with enthusiasm by the stock market Thursday. Investors exited the stock, to the point where it was trading down by almost 3% in late-session trading. That was a steeper fall than the 0.4% dip of the S&P 500 index at that point.American EV a long way offThe first piece of news was about Toyota's electric vehicle (EV) efforts. An artic ...