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Elephant in the room - bz4x
No threads about the elephant in the room? As long as it's priced competitively and produced in sufficient numbers, it should be one of the best sellers when it comes out.
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Shareholders Concerned About Toyota Anti-Electric Car Lobbying
Happy Earth Week!
If you look at the financial planning and long term investments Toyota has made it makes sense that they will only maximise profitability if they sustain the fossil fuel-hybrid electric transition market as long as possible.
But when it comes to basic social responsibility and a fast approaching new era of electrification Toyota is not aging well and their shareholders are starting to measure an increase in risk / cracks in Toyota's long term plan. As per this article posted today:
Toyota is feeling some pressure to change this strategy from large funds, which are investors in the company. Jens Munch Holst, chief executive officer of Danish pension fund AkademikerPension, one of the funds backing the effort, said: “This move must not be a PR exercise but instead signal a clear end to its role in negative climate lobbying which has given it a laggard status. ....Right up until now, the company has repeatedly undermined climate action, from opposing the...
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