TM

Toyota is doing well.

Now we are speaking of Toyota. Everything looks good a little bit. The yen is weakening so it looks like more growth but there is some growth. If I look a little bit the numbers okay standard.

However they're mostly paying dividends some repurchases less repurchases but okay the dividend yield is 3%. They are global selling most of their cars in North America and Asia.

So US company practically strategy and road map self-driving technology commercially. So also coming there self-driving robo taxes even Toyota is doing that.

Now, VW and Toyota today, depending on the year, are the world's largest automotive manufacturers, roughly the same scale by unit sold. We'll call it about 10 million vehicles a year.

Both companies completely [ __ ] cooked because both companies have incompetent leadership. I don't want this to be the case, but this is how things will play out. Incredible irony.

This back around 2008, 9, 10, somewhere in that era, Toyota was actually working with Tesla. Tesla was actually making the electric drivetrain for electric Toyota RAV4s. Toyota at the time saying that their partnership, the goal was to help them learn and improve their technology.

They even had a stake in Tesla, a massive stake by the way, I think it was about 10% of the company. Later sold. RIP.