Part 10/11:
At the same time, Toyota's stance highlights a peculiar duality: they are focused on EVs yet reserving hydrogen technology as a future solution—an acknowledgment of ongoing uncertainties in the energy transition.
The Broader Context: Industry Resilience and Uncertainty
Though recent banking crises and economic uncertainties might temporarily tighten credit, the long-term outlook suggests that price wars, falling costs, and declining demand for ICE vehicles will solidify Tesla's leadership position. Automakers are forced into a stark choice: adapt quickly or fade away.