Toyota is crushing it with hybrid vehicles as Tesla’s rough start to year hits net worth of Elon Musk, who dismissed them as a ‘phase’

Elon Musk’s Tesla is off to a difficult start in 2024, and it’s probably no surprise to Akio Toyoda. The Toyota chairman has long been skeptical of electric vehicles hype, steering his company to focus more on hybrids. That’s turned out to be a smart strategy. Tesla shares are down about 24%…

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