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09 Nov
14:44

Toyota president downplays Tesla market valuation

The president of Toyota Motor Corporation told analysts during the company’s fiscal second-quarter 2021 conference call that it isn’t threatened by relatively new electric vehicle market entrants like Tesla.  Company president Akio Toyoda likens the electric vehicle market to a kitchen, wherein players like Tesla are seeking to “trade the recipes” rather than churn out full-course meals, Kallanish gleans from the call. “So firs…
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