TM Stock Analysis: Why Toyota Is a Smart Play on the Hybrid-Vehicle Trend
TMToyota(TM) InvestorPlace·2024-04-11 18:25

Tesla (NASDAQ:TSLA) represents the fully electric vehicle market, but Toyota Motor (NYSE:TM) represents hybrid electric vehicles. As EV demand fails to live up to the hype, you may be eager to bet on the growth of the HEV industry. An easy way to get on board the hybrid revolution is by owning Toyota stock. Not long ago, Toyota’s management expressed skepticism about the EV market. Irrespective of this, after you consider the company’s first-quarter vehicle-sales growth, you’ll probably be more inclined to ...