The problem with Toyota is they've been talking about their sophisticated battery solution for several years with nothing beyond announcements which tend to slide from year to year. Musk likes to repeat, prototyping is easy, production is hard. Several battery companies have learned this the hard way (A123..), including Tesla struggling with production of its 4680 next gen. For the pulse on breakthroughs, CATL leads the pack and many others from private ventures and research labs are on track to the next leap forward. It creates both excitement from research and concerns from those who have already invested millions/billions into solutions that could become obsolete far sooner than they wish. Look no further than charging stations that can't cope with the pace of change in delivery speeds.
Ahhhh.....well yeah,but note I specifically said, maybe not clear enough I guess, but I meant to imply watch the news out of Toyota, in no way was it a stock reccy on them from me. I think it was you, maybe not, but someone has a "battery" thread here. There are a lot of impending breakthrough's, many successfully achieved in labs, exciting stuff, and not just for EV's, but the entire grid. The actual costs however, for now, are beyond the reach of feasibility. Near term though, as it applies to EV's, don't sell Toyota short. You know I love TSLA as a data company among other things, but when it comes to the actual industrialization of something like cutting edge battery tech..... outside of the lab.... my money is on a company like that... at least with regards to what the forthcoming news will read regarding planned implementation.
Just so you know, which I already know you do lol.... this is an area I try to stay on top of. From way back in 2021.... CATL:
Yes, yes... I guess I can only be disappointed by one company at a time and Musk has been occupying the slot for some time.
LOL Musk overpromises more than anyone in the biz. BTW lost the link but yet another top Techie has left Tesla - right before the "big" upcoming event. Which is kinda curious.
Yeah the CTO left a few days ago and it's not a good sign for sure. He either got fired because too slow in delivering Elon's promises, or quit because the pressure to delivery were too high. Regardless of what comes out of 10/10 I expect the share price to drop significantly because 1. It will be a disappointment from expectations and 2. Elon's delivery will be cringe, as usual. The good news is that I'll be ready for it.
Can't sell them if companies won't insure them. GEICO is Terminating Insurance Coverage of Tesla Cybertrucks, Says “This Type of Vehicle Doesn't Meet Our Underwriting Guidelines” GEICO, the second-largest vehicle insurance underwriter in the US, has decided it will no longer cover Tesla Cybertrucks. The company is terminating current Cybertruck policies and says the truck “doesn’t meet our underwriting guidelines.” https://www.torquenews.com/11826/ge...ybertrucks-says-type-vehicle-doesnt-meet-our/