One year is not indicative. Point of interest will be around 2030-2035, when multiple countries are having aggressive deadlines for EV adaptation. So, the question is will toyota be able adapt to new reality? So far they couldn't, EV attempts failed and they just are milking decade old tech/infra/supply chains. They will need to rebuild manufacturing and support significantly, while tesla has everything in place already.
Sure but the point is the stock price has little to do with any of that. It’s a meme stock that is regularly pumped with utter bullshit. Just look at what happened today, the King gave it a pump - a full frontal sales pitch TBH - and the stock is up despite all of the actual bad news for the brand.
