TM Stock Analysis: Why Toyota Is the EV Stock to Beat
TMToyota(TM) Investor Place·2024-06-05 18:05

Toyota Motor (NYSE:TM) is the best electric vehicle manufacturer on the market bar none. TM stock might be the only EV maker worth investing in. The Japanese car company avoided the dramatic retrenching of its EV-focused rivals due to its healthy skepticism. Toyota chose a diverse approach to EVs instead of focusing on just one type. The leading car manufacturer prioritizes hybrid vehicles, despite producing all-electric battery EVs like its competitors. This proved prescient as BEV demand declines and hybr ...