Ultime notizie per Toyota Motor (NYSE:TM) Azioni

Toyota Motor

Founded in 1937, Toyota is one of the world's largest automakers, with 11.0 million units sold at retail in fiscal 2025, including 10.3 million across the Toyota and Lexus brands. Brands include Toyota, Lexus, Daihatsu, and truck maker Hino; market share in Japan is about 52% excluding mini-vehicles, while US share is around 15%. The firm also owns stakes in Denso, a parts supplier, about 20% of Subaru, and holds investments in many other firms, including shares of Uber Technologies, Joby Aviation, Aurora Innovation, Isuzu Motors, and about 5% in each of Mazda and Suzuki. Fiscal 2025 sales excluding financial services were JPY 43.8 trillion. Toyota also has a financing arm and manufactures homes and boats.

Trump shutterstock_2551951959

Equities

News

Markets

HYMTF

NVDA

SFTBF

L&#39;amministrazione celebra gli investimenti privati con i leader aziendali globali, in un contesto di incertezza sulle politiche commerciali.

Trump riunisce i CEO (Nvidia, J&amp;J, Toyota) per l&#39;evento &#34;Investing in America&#34;

Business,People,And,Humanoid,Ai,Robot,Sitting,And,Waiting,For

AMZN

TSLA

XPEV

L&#39;era dei robot umanoidi è alle porte: quali società tecnologiche potrebbero beneficiare di questa trasformazione?

Il futuro è umanoide: le azioni su cui consiglia di puntare Morgan Stanley

Tech

AAPL

BYDDF

MSFT

Il Presidente agita i mercati con la minaccia di nuovi dazi. Quali settori saranno più colpiti e chi potrebbe trarre vantaggio?

Trump scatena il caos: dazi al 25%? L&#39;Asia crolla, ma c&#39;è chi esulta

Toyota Motor Corp

TAMA HOME CO LTD by TAMA HOME CO LTD.

TOUCHMARK BANCSHARES INC by Touchmark Bancshares, Inc.

Touchmark Bancshares Inc

First Trust Exchange-Traded Fund VIII FT Vest Emerging Markets Buffer ETF - March

Temas Resources Corp Ordinary Shares

TEMAS RESOURCES CORP by Temas Resources Corp.

Temas Resources Corp

Main Thematic Innovation ETF

TECHNOLOGY MTLS AUSTRALIA by TECHNOLOGY METALS AUSTRALIA LTD

Thornburg Multi Sector Bond ETF

TMBTHANACHAR PCL UNSP/ADR by TMBThanachart Bank Public Company Limited

TMBThanachart Bank PCL

TOMBADOR IRON LTD by TOMBADOR IRON LTD.

TAMBOURAH METALS LTD by TAMBOURAH METALS LTD

Tambourah Metals Ltd

Timber Pharmaceuticals Inc COM NEW

Timber Pharmaceuticals Inc Ordinary Shares

TOMBSTONE EXPLOR CORP by Tombstone Exploration Corp.

Tombstone Exploration Corp

TMC the metals company Inc. - Common Stock

TMC The Metals Co Inc

TOMCO ENERGY PLC NEW ORD by TomCo Energy Plc

TomCo Energy PLC

Treace Medical Concepts, Inc. - Common Stock

Treace Medical Concepts Inc

TEMECULA VALLEY BNCRP INC by Temecula Valley Bancorp, Inc.

Temecula Valley Bancorp Inc

TMD Energy Limited Ordinary Shares

Titan Medical Inc

ProShares Russell US Dividend Growers ETF

TransMedics Group Inc

Tencent Music Entertainment Group American Depositary Shares, each representing two Class A Ordinary Shares

Tencent Music Entertainment Group

Terme Bancorp Inc

TIMEE INC by TIMEE INC.

TipMeFast Inc Ordinary Shares

ThermoEnergy Corp

iShares Transition-Enabling Metals ETF

Direxion Daily 20-Yr Treasury Bull 3x Shrs

Motley Fool 100 Index ETF ETF

The RBB Fund, Inc. Motley Fool Capital Efficiency 100 Index ETF

Motley Fool Global Opportunities ETF

Motley Fool Mid-Cap Growth ETF

Motley Fool Small-Cap Growth ETF

The RBB Fund, Inc. Motley Fool Next Index ETF

THERMAL ENGY INTL LTD by Thermal Energy International Inc.

Thermal Energy International Inc

THE MARQUIE GROUP INC by The Marquie Group, Inc.

The Marquie Group Inc

Trigg Minerals Ltd

TERMINUS ENERGY INC by Terminus Energy, Inc.

Terminus Energy Inc

Precidian ETFs Trust Toyota Motor Corporation ADRhedged

Taylor Morrison Home Corporation Common Stock

Taylor Morrison Home Corp

TSIM SHA PPTYS UNSP/ADR by Tsim Sha Properties Ltd.

Tsim Sha Tsui Properties Ltd

Trend Micro Inc

TREND MICRO INC S/ADR by Trend Micro Inc.

TAYLOR MARITIME INVTS LTD by TAYLOR MARITIME INVTS LTD

TRENDMAKER INC LTD by Trendmaker Inc Limited

TIME INTERCONNECT TECH by TIME INTERCONNECT TECHNOLOGY LTD

TOKYO SEIMITSU LTD by Tokyo Seimitsu Co., Ltd.

Tokyo Seimitsu Co Ltd

Tarsin Mobile Inc

TMK Energy Ltd

Tomoku Co Ltd

Tele Group Corp

TIMELESS RES HLDGS LTD by TIMELESS RES HLDGS LTD.

Timeless Resources Holdings Ltd

TAMERLANE VENTURES INC by Tamerlane Ventures Inc.

TMM Inc

Tingo Inc

Temenos AG

Thermo Fisher Scientific Inc Common Stock

Thermo Fisher Scientific Inc

TomTom NV

TOMOE ENGINEERING CO by Tomoe Engineering Co. Ltd.

Tomoe Engineering Co Ltd

Trimol Group Inc

Tompkins Financial Corporation Common Stock

Tompkins Financial Corp

TEMPUS HLDGS LTD by TEMPUS HLDGS LTD.

Tempo Automation Holdings Inc

TEMPO AUTOMATION HLDGS by Tempo Automation Holdings, Inc.

Tempo Automation Holdings Inc Warrants (22/11/2027)

TIMES PROPERTY HLDGS ORD by Times Property Holdings Ltd.

Times China Holdings Ltd

Trilogy Metals Inc

TOMRA SYSTEMS A/S/A NEW by Tomra Systems A/S/A

Tomra Systems ASA

TOMRA SYSTEMS A/S/A S/ADR by Tomra Systems A/S/A

TEXAS MINERAL RESOURCES by Texas Mineral Resources Corp.

Texas Mineral Resources Corp

SOMERSET MINERALS LTD NEW by SOMERSET MINERALS LTD.

Somerset Minerals Ltd

SOMERSET MINERALS LTD by SOMERSET MINERALS LTD.

Tamron Co Ltd

Temir Corp

TRANSGLOBAL ASSETS INC by TransGlobal Assets, Inc.

TransGlobal Assets Inc

T. Rowe Price Exchange-Traded Funds, Inc. T. Rowe Price Small-Mid Cap ETF

THOMSON REUTERS FL/RTE II by Thomson Reuters Corp.

Thomson Reuters Corp

TMT Acquisition Corp

TMT ACQUISITION CORP RT

TMT Acquisition Corp Units (1 Ord & 1 Rts)

The Midas Touch Gold

Techmatrix Corp

TOROMONT INDUS LTD CDA by Toromont Industries Ltd.

Toromont Industries Ltd

T-Mobile US Inc

Direxion Daily 20-Year Treasury Bear 3X

TeamViewer SE

TERRAIN MINERALS LTD by TERRAIN MINERALS LTD.

Terrain Minerals Ltd

TELEFONOS DE MEX SA L by Telefonos de Mexico, S.A.B. de C.V.

Trimax Corp

TMX Group Ltd

SILVER METAL GROUP LTD by SILVER METAL GROUP LTD.

Silver Metal Group Ltd

Global automakers are expressing serious concerns over a potential shortage of rare-earth magnets from China, which could result in factory closures within weeks.
What Happened: A letter dated May 9 from the Alliance for Automotive Innovation, representing major automakers like General Motors Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>), Toyota Motor Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TM#NYSE">TM</a>), and Volkswagen AG (OTC:<a class="ticker" href="https://www.benzinga.com/stock/VWAGY#OTC">VWAGY</a>), was sent to the Trump administration highlighting these urgent issues, according to a report by Reuters.
&#8220;Without reliable access to these elements and magnets, automotive suppliers will be unable to produce critical automotive components, including automatic transmissions, throttle bodies, alternators, various motors, sensors, seat belts, speakers, lights, motors, power steering, and cameras,&#8221; the Alliance for Automotive Innovation said.
This could lead to decreased production volumes or even the shutdown of vehicle assembly lines in the U.S., the group added. &#8220;In severe cases, this could include the need for reduced production volumes or even a shutdown of vehicle assembly lines.&#8221;
See Also:<a href="https://www.benzinga.com/news/space/25/05/45708311/president-trump-proposes-1-billion-for-private-sector-mars-exploration-report"> President Trump Proposes $1 Billion For Private Sector Mars Exploration: Report</a>
China, which controls over 90% of the global processing capacity for these magnets, imposed restrictions in April, requiring exporters to obtain licenses.
Why It Matters: Earlier in April, China imposed<a href="https://www.benzinga.com/25/04/44650952/china-restricts-rare-earth-exports-to-us-as-part-of-tariff-retaliation"> export restrictions on seven rare earth elements</a>, including samarium and dysprosium, as a retaliatory measure against U.S. tariffs.
Meanwhile, the European Union<a href="https://www.benzinga.com/markets/equities/25/04/44766503/eu-fast-tracks-mining-to-cut-china-reliance-builds-216m-rare-earth-recycling-plant"> is taking steps to reduce its dependency</a> on China for rare earth imports by fast-tracking mining and recycling initiatives.
The U.S. has escalated its tech war with China by imposing new export<a href="https://www.benzinga.com/markets/equities/25/05/45663228/us-escalates-tech-war-with-china-new-export-curbs-hit-cadence-synopsys-as-eda-software-chemicals-and-tools-face-license-requirements-report"> restrictions on semiconductor design software</a> and other critical materials.
Check out more of Benzinga&#8217;s Future Of Mobility coverage by<a href="https://www.benzinga.com/topic/mobility"> following this link.</a>
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/news/topics/25/05/45708285/elon-musk-lobbies-for-support-from-lawmakers-on-legislation-for-self-driving-cars-report">Elon Musk Lobbies For Support From Lawmakers On Legislation For Self-Driving Cars: Report</a></li>
</ul>
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

VWAGY

China's Rare-Earth Magnet Restrictions Threaten Auto Production, Could Result In 'Shutdown Of Assembly Lines:' Report

Flying cars &#8211; technically, electric vertical takeoff and landing vehicles, or eVTOLs &#8211; are inching <a href="https://www.benzinga.com/topic/air-mobility">closer to liftoff</a>. But for investors in names like Joby Aviation Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JOBY#NYSE">JOBY</a>) and Archer Aviation Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACHR#NYSE">ACHR</a>), JPMorgan's latest insight is clear: the long-term runway looks promising, but near-term turbulence is hard to avoid.
JPMorgan analyst Bill Peterson, after a conversation with McKinsey's Robin Riedel, said the eVTOL dream is alive—just not quite ready for boarding. Commercial service may begin in the next 12–18 months, but mass adoption likely won't arrive until the mid-2030s. The market could top $1 trillion down the line, but initial revenues are expected to hover in the premium niche—think high-end urban air mobility, priced like Uber Black.
That modest start comes with high-stakes hurdles: regulatory certification, vertiport buildout, and propulsion tech reliability. Joby and Archer are making headway—Joby with successful test flights, and Archer inching toward piloted trials. Still, certification remains a heavy lift.
<h2 class="wp-block-heading">Joby Lands A Lift From Toyota</h2>
One tailwind for Joby came this week via a <a href="https://www.benzinga.com//node/45643642">$250 million boost from </a><a href="https://www.benzinga.com//node/45643642">Toyota</a> Motor Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TM#NYSE">TM</a>), closing the first tranche of a strategic investment meant to support certification and commercial production. The capital also strengthens their long-term manufacturing alliance.
"With this capital and Toyota's legendary production expertise, we're enhancing our ability to scale," said Joby CEO JoeBen Bevirt, noting the progress already made streamlining design and production with Toyota's help.
Read Also: <a href="https://www.benzinga.com/news/25/05/45501045/archer-aviation-achr-stock-retreats-after-strong-rally-whats-going-on">Archer Aviation (ACHR) Stock Retreats After Strong Rally: What&#8217;s Going On?</a>
<h2 class="wp-block-heading">Archer Hit By Short Seller Turbulence</h2>
Meanwhile, Archer faces headwinds. Short seller <a href="https://www.benzinga.com//node/45521011">Culper Research accused</a> the company of misleading investors with exaggerated claims about its Midnight Edition eVTOL. Culper questioned the aircraft's transition flight performance and called its commercialization timeline "reckless."
JPMorgan remains cautious. Overseas players—especially in China and the Middle East—may outpace U.S. firms due to aligned governments and deeper funding. 
And while trillion-dollar headlines grab attention, JPMorgan sees a smaller, slower takeoff in the near term.
The sky&#8217;s the limit, but Joby and Archer aren't cleared for cruising altitude just yet.
Read Next: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/25/05/45644145/nvidia-stock-is-bullish-ahead-of-q1-earnings-but-will-h20-chip-woes-dampen-the-party">Nvidia Bullish Ahead Of Q1 Earnings, But Will H20 Chip Woes Dampen The Party?</a></li>
</ul>
Photo: Shutterstock

Analyst Color

Long Ideas

Analyst Ratings

Trading Ideas

ACHR

JOBY

Joby, Archer: Flying Cars On A $1 Trillion Runway, But Still Not Cleared For Takeoff

Joby Aviation Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JOBY#NYSE">JOBY</a>) shares are trading higher Wednesday after the company announced the closing of a $250 million investment <a href="https://www.benzinga.com/pressreleases/25/05/b45630220/joby-aviation-announces-closing-of-250-million-investment">from Toyota Motor Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TM#NYSE">TM</a>)</a>.
What Happened: Electric vertical take-off and landing (eVTOL) air taxi company Joby announced that it closed on the first&nbsp;$250 million&nbsp;tranche of its previously announced strategic investment from Toyota, strengthening the long-term collaboration between the two companies.
The funding is expected to support certification and commercial production of Joby&#8217;s electric air taxi and also brings the companies closer to a strategic manufacturing alliance.
&#8220;We&#8217;re already seeing the benefit of working with Toyota in streamlining manufacturing processes and optimizing design,&#8221; said JoeBen Bevirt, founder and CEO of Joby. 
&#8220;This is an important next step in our alliance with Toyota to scale the promise of electric flight. With this capital and Toyota&#8217;s legendary production expertise, we&#8217;re enhancing our ability to scale cutting-edge design and manufacturing to meet the demands of our partners and customers.&#8221;
See Also: <a href="https://www.benzinga.com/content/45598600/turbulence-for-joby-shares-whats-behind-the-recent-dip">Turbulence for Joby Shares: What&#8217;s Behind the Recent Dip?</a>
<h3 class="wp-block-heading">Is JOBY A Good Stock To Buy?</h3>
An investor can make a few decisions when deciding whether a stock is a good buy. In addition to valuation metrics and price action which you can find on Benzinga's quote pages &#8211; like <a href="https://www.benzinga.com/quote/JOBY">Joby Aviation</a>&#8216;s page for example &#8211; there are factors like whether or not a company pays a dividend or buys a large portion of its stock each quarter.
These are known as capital allocation programs. Joby does not pay a dividend, but obviously has a few ways it can return value to shareholders. Feel free to search Benzinga's <a href="https://www.benzinga.com/calendars/dividends">dividend calendar</a> for the next company that is due to pay a dividend and determine what kind of yield you can earn for holding a share of the company.
Buyback programs are obviously different and highly variable. A company can approve a buyback program and purchase shares as it sees fit over the course of time in which the buyback was authorized. Looking through the latest news on <a href="https://www.benzinga.com/quote/JOBY">Joby Aviation</a> will often yield whether or not the company has approved a buyback program recently. Buyback programs usually serve as a support for share prices, serving as a backstop for demand.
JOBY Price Action: Joby has a 52-week low of $4.66 and a 52-week high of $10.72. <a href="http://benzinga.com/quote/JOBY">Joby Aviation shares</a> were up 13.9% at $7.83 at the time of publication Wednesday, according to <a href="http://pro.benzinga.com">Benzinga Pro</a>.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/trading-ideas/short-ideas/25/05/45521011/short-seller-targets-archer-aviation-stock-extends-wager-to-tonight-show-host-jimmy-fallon-reckless-promotion">Short Seller Targets Archer Aviation Stock, Extends Wager To &#8216;Tonight Show&#8217; Host Jimmy Fallon — &#8216;Reckless&#8217; Promotion</a></li>
</ul>
Photo: courtesy of Joby Aviation.

Movers

Joby Aviation Stock Is Flying Today: What's Driving The Action?

Alphabet Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) autonomous taxi provider Waymo is set to test its AV taxis in several U.S. cities as the company looks to bolster its position in the domestic autonomous driving sector.
What Happened: In a series of posts on social media platform X, Waymo announced that it would be heading to cities like San Antonio, Orlando and Houston as part of the company's "Road Trip" on Tuesday.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Howdy, San Antonio! &#x1f920; The Waymo Driver is heading to your unique city for driving and exploration. See you on the roads. <a href="https://t.co/2tf7T7w9vG">pic.twitter.com/2tf7T7w9vG</a>
&mdash; Waymo (@Waymo) <a href="https://twitter.com/Waymo/status/1927396588491600217?ref_src=twsrc%5Etfw">May 27, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Orlando, get ready! &#x1f3a2; We&#39;re bringing the Waymo Driver to this hub of innovation and endless fun as part of our 2025 road trip. <a href="https://t.co/pI4KHGTYxA">pic.twitter.com/pI4KHGTYxA</a>
&mdash; Waymo (@Waymo) <a href="https://twitter.com/Waymo/status/1927396004606701883?ref_src=twsrc%5Etfw">May 27, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Houston, we have liftoff! &#x1f680; Our 2025 road trip will be coming to your dynamic roads very soon. <a href="https://t.co/LOYSllqjLA">pic.twitter.com/LOYSllqjLA</a>
&mdash; Waymo (@Waymo) <a href="https://twitter.com/Waymo/status/1927395627056386204?ref_src=twsrc%5Etfw">May 27, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
The "road trip" is Waymo's testing system that helps the company improve its autonomous driving capabilities by conducting tests across various cities where the company doesn't operate.
Why It Matters: The news comes in as Waymo is steadily bolstering its presence in the AV sector. Recently, the company announced it reached the <a href="https://www.benzinga.com/25/05/45539621/tesla-robotaxi-rival-waymo-reaches-10-million-paid-rides-milestone-as-robotaxis-step-into-the-spotlight">10 million autonomous paid rides</a> milestone, which Waymo doubled in 5 months.
Waymo also <a href="https://www.benzinga.com/markets/equities/25/04/45090602/google-backed-waymo-and-toyota-forge-strategic-partnership-to-bring-autonomous-driving-tech-to-personally-owned-vehicles">partnered with Toyota Motor Corp</a> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TM#NYSE">TM</a>) to develop autonomous driving technology with a key focus on bringing the self-driving capabilities for personal ownership.
The company has been a key player in the domestic autonomous driving market, but faces competition from companies like Elon Musk's Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), which itself is going to <a href="https://www.benzinga.com/25/05/45529030/elon-musk-confirms-tesla-robotaxi-launch-is-on-track-for-next-month-these-things-happen-slowly-but-then-all-at-once">launch its robotaxi</a> in Austin next month.
<figure class="wp-block-image size-large"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="1024" height="196" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/28024610/GOOGL-MAY-28-2025-1024x196.jpg" alt="" class="wp-image-929321" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/28024610/GOOGL-MAY-28-2025-1024x196.jpg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/28024610/GOOGL-MAY-28-2025-300x58.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/28024610/GOOGL-MAY-28-2025-768x147.jpg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/28024610/GOOGL-MAY-28-2025-1536x294.jpg 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/28024610/GOOGL-MAY-28-2025.jpg 1633w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
GOOGL scores well on Quality and Growth metrics. It also scores satisfactorily on the Value metric. For more such insights, sign up for<a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"> Benzinga Edge</a> today!
Check out more of Benzinga&#8217;s Future Of Mobility coverage by<a href="https://www.benzinga.com/topic/mobility"> following this link.</a>
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/tech/25/05/45585674/waymo-ceo-takes-aim-at-teslas-camera-only-approach-you-have-to-be-able-to-have-this-vision-thats-better-than-humans">Waymo CEO Takes Aim At Tesla&#8217;s Camera-Only Approach: &#8216;You Have To Be Able To Have This Vision That&#8217;s Better Than Humans&#8217;</a></li>
</ul>
Photo courtesy: Sundry Photography / Shutterstock.com

GOOG

GOOGL

Tesla Robotaxi Rival Waymo To Conduct Tests In Multiple Cities Amid US Autonomous Driving Push

General

Toyota Motor  Reports 15.3% Stake In Joby Aviation As Of May 22

Joby Aviation, Inc. ((Joby, NYSE:<a href="https://www.benzinga.com/stock/JOBY#NYSE">JOBY</a>), a company developing electric air taxis for commercial passenger service, announced the successful closing of the first $250 million tranche of a previously announced strategic investment from Toyota Motor Corporation. The funding marks a significant milestone in strengthening the long-term collaboration between the two companies and supports their shared vision for the future of air mobility.
The investment is aimed at supporting certification and commercial production of Joby's electric air taxi. This underscores the mutual commitment to deepening integration and delivering next generation travel to global markets. This investment also puts the two companies a step closer toward a strategic manufacturing alliance.

Joby Aviation Announces The Closing Of The First $250M Tranche Of A Previously Announced Strategic Investment From Toyota Motor Corp

Toyota Motor Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TM#NYSE">TM</a>) is reportedly moving part of its GR Corolla production to the United Kingdom to reduce delivery wait times in North America.
The automaker will invest approximately $56 million in a dedicated U.K. production line to serve the North American market, Reuters reported, citing sources familiar with the plan.
The shift aims to leverage excess capacity in the U.K. and ease pressure on Toyota&#8217;s Motomachi Plant in Japan, which is already running at full capacity.
Also Read: <a href="https://www.benzinga.com/markets/asia/25/05/45278455/trump-tariffs-to-cost-toyota-1-3-billion-as-japanese-automaker-warns-forecasting-is-very-difficult-amid-uncertainty" target="_blank" rel="noreferrer noopener">Trump Tariffs To Cost Toyota $1.3 Billion As Japanese Automaker Warns Forecasting Is &#8216;Very Difficult&#8217; Amid Uncertainty</a>
The GR Corolla is built exclusively in Japan, where strong North American demand has led to extended delivery timelines. Last year, Motomachi produced 25,000 vehicles, including 8,000 GR Corollas.
According to Reuters, the decision is not linked to U.S. auto tariffs, though the Trump administration recently cut duties on British imports to 10% for up to 100,000 vehicles annually. Toyota plans to absorb any tariff-related costs without raising prices.
U.S. plants remain focused on hybrids and other high-demand models, limiting capacity for GR production. The GR Corolla, priced around 6 million yen or roughly $42,131.87 (about double the standard model), is manually assembled and requires months for delivery, the report said.
The GR series, developed under Chairman Akio Toyoda&#8217;s racing vision, includes high-performance vehicles like the GR Corolla and GR Yaris. While niche in volume, these vehicles offer higher margins and a dedicated enthusiast following.
Toyota will continue building GR models for Japan and other global markets at Motomachi while the U.K. line supplies North America.
Price Action: TM shares are trading higher by 1.11% to $184.32 premarket at last check Tuesday.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/general/market-summary/25/05/45539236/tesla-is-6x-more-expensive-than-its-peers-and-the-most-overvalued-mag-7-stock-gordon-johnson-questions-fundamentals-as-elon-musk-shrugs-off-concerns" target="_blank" rel="noreferrer noopener">Tesla Is 6X More Expensive Than Its Peers And The Most Overvalued Mag 7 Stock: Gordon Johnson Questions Fundamentals As Elon Musk Shrugs Off Concerns</a></li>
</ul>
Photo by ChameleonsEye via Shutterstock

Asia

Toyota Moves GR Corolla Line To UK As Japan Plant Hits Capacity: Report

Chinese carmaker BYD Company ADR (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDY#OTC">BYDDY</a>) might have stolen the April electric vehicle title in Europe, but markets didn&#8217;t bat an eyelid. Neither did Tesla (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) shares.
<a href="https://www.benzinga.com/25/05/45564693/byd-outsells-elon-musks-tesla-amid-european-plans-shift-into-gear">BYD sold 7,231 battery electric cars (BEVs) in Europe in April</a>, edging out Tesla, which sold 7,165, new figures from JATO Dynamics show. Although the milestone represents a symbolic turning point in the European EV battle, it didn&#8217;t dent investor faith, as Tesla shares gained more than 2% on the day of the news.
It's the first time a Chinese brand has outsold Tesla in Europe's BEV segment, a region where the U.S. automaker has long held the pole position. BYD's ascent has been swift: the company began serious expansion into Europe only in late 2022. 
But markets appear to be betting that it&#8217;s only short-term turbulence for Tesla.
<h1 class="wp-block-heading">ETF Exposure: Why Tesla Still Matters</h1>
Tesla&#8217;s short fall in European rankings will be a speed bump, but for <a href="https://www.benzinga.com/etfs">ETFs tracking the EV and clean energy theme</a>, the larger picture still seems intact. 
Tesla is still a top holding in many of the large ETFs, like the ARK Innovation ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ARKK#BATS">ARKK</a>), Global X Autonomous &amp; Electric Vehicles ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DRIV#NASDAQ">DRIV</a>), and iShares Self-Driving EV and Tech ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IDRV#NYSE">IDRV</a>), and today&#8217;s market response indicates that few are heading for the exits.
ARKK continues to hold a significant stake in Tesla (12.95%), relying on its push into autonomous mobility, artificial intelligence, and robotics. The upcoming robotaxi pilot and production of the Cybercab next year are part of ARKK's high-conviction, future-focused strategy. For investors betting on transformative tech, Tesla is still a solid play. The fund was up 1.42% at publication on Thursday.
ETFs like DRIV and IDRV has a wider exposure across the EV supply chain, including traditional automakers, chipmakers and software providers. Tesla is still one of the top holdings in both, but these funds also include companies like NVIDIA Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), Toyota Motor Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TM#NYSE">TM</a>), and Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), which help cushion any Tesla-specific volatility. 
This diversified approach makes it attractive to investors looking to benefit from the EV trend without putting all their chips on one automaker. Interestingly, though, IDRIV has rejigged its portfolio to dedicate the largest percentage distribution to BYD. Both the funds were fairly non-reactive to the news today.
Also Read: <a href="https://www.benzinga.com/markets/equities/25/05/45557873/tesla-bull-dan-ives-thinks-elon-musks-ev-giant-could-be-entering-a-golden-era-says-2-trillion-market-cap-on-the-table">Tesla Bull Dan Ives Thinks Elon Musk&#8217;s EV Giant Could Be Entering A &#8216;Golden Era,&#8217; Says 2 Trillion Market Cap &#8216;On The Table&#8217;</a>
<h1 class="wp-block-heading">Short-Term Wobble, Long-Term Vision</h1>
Tesla&#8217;s recent delivery downturn, continuing production interruptions and waiting for updated models such as the new Model Y have caused short-term headwinds. 
The stock is down more than 9% so far this year on an aggregate. Nevertheless, the company&#8217;s long-term strategy, backed by robotaxis, AI-based innovations, energy storage and next-generation vehicle platforms, is still compelling. Tesla&#8217;s pilot robotaxi launch will start as early as June in Austin, while a larger commercial fleet (Cybercab) is scheduled for 2026. 
For ETFs such as ARKK, which are constructed on narratives of innovation, Tesla still fits the thesis.
<h1 class="wp-block-heading">BYD&#8217;s Rise = A Diversification Opportunity</h1>
BYD&#8217;s increasing foothold in Europe, despite the tariffs on Chinese manufacturers imposed by the European Union, underscores the need for geographic diversification across EV ETFs. Funds like KraneShares Electric Vehicles and Future Mobility ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KARS#NYSE">KARS</a>), which encompass both Western and Chinese carmakers, are uniquely positioned to capitalize on the worldwide nature of EV growth. BYD is also growing rapidly, doubling international sales in April on a year-over-year basis, and establishing manufacturing platforms in Hungary and Turkey to circumvent EU import tariffs.
<h1 class="wp-block-heading">ESG Considerations And Musk&#8217;s Shadow</h1>
Tesla CEO Elon Musk, remains a magnet for attention, some of it unwanted. Protests and controversy surrounding his politics have generated backlash in the U.S. and Europe, creating an overhang for ESG-oriented funds. Nevertheless, for most ETFs, the firm&#8217;s role in electrification and renewable energy exceeds the reputation risk, at least in the short term.
<h1 class="wp-block-heading">Room To Grow</h1>
Tesla&#8217;s affordability, volume expansion, and capital-free manufacturing focus is unbroken. The firm is targeting lower-cost models and expanding production with minimal incremental capital, aiming for a 60% uplift ratio over 2024 levels. Its energy segment is also picking up, with record Powerwall installations and expanding margins.
<h1 class="wp-block-heading">Conclusion</h1>
BYD&#8217;s passing of Tesla in Europe&#8217;s EV rankings is news-worthy, but not necessarily the turning point. ETF investors and the broader market seem to be seeing through the noise and concentrating on fundamentals. Tesla might be facing choppy waters today, but it remains an ETF pick and is at the center of the future of mobility and innovation.
As the EV industry continues to grow, ETFs that accept Tesla&#8217;s long-term vision along with the emergence of legitimate challengers such as BYD might be the most balanced way to go.
Read Next: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/25/05/45570155/new-usng-etf-targets-natural-gas-infrastructure-amid-rising-energy-demand">Amplify, Samsung Launch Natural Gas ETF To Power Up AI-Era Infrastructure Boom</a></li>
</ul>

Sector ETFs

Global

ETFs

ARKK

BYDDY

DRIV

IDRV

KARS

BYD Outsells Tesla In Europe, But These ETFs Still Back Elon's EV Empire

<a href="https://www.bloomberg.com/news/articles/2025-05-21/toyota-mulls-making-tiny-trucks-for-us-market-as-demand-booms" title="https://www.bloomberg.com/news/articles/2025-05-21/toyota-mulls-making-tiny-trucks-for-us-market-as-demand-booms">https://www.bloomberg.com/news/articles/2025-05-21/toyota-mulls-making-tiny-trucks-for-us-market-as-demand-booms</a>

'Toyota Mulls Making Tiny Trucks For US Market As Demand Booms' -Bloomberg

Alphabet Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) Robotaxi Waymo has announced it reached the 10 million paid Robotaxi rides milestone, doubling its lifetime total in a period of 5 months.
What Happened: The company shared a video on the social media platform X to commemorate the achievement on Tuesday.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The Waymo Driver's officially served over 10 MILLION paid rides! &#x1f389; Huge thanks to our riders for being an integral part of this journey, and to our teams for continuing to redefine what's possible. &#x2728; <a href="https://t.co/OkYXrmziok">pic.twitter.com/OkYXrmziok</a>
&mdash; Waymo (@Waymo) <a href="https://twitter.com/Waymo/status/1924931187274826077?ref_src=twsrc%5Etfw">May 20, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
<figcaption class="wp-element-caption">The 10 million paid rides include major U.S. cities where the company operates its services, like Austin, Los Angeles, Phoenix and San Francisco. Waymo CEO Tekedra Mawakana spoke about the milestone at Google's I/O Developer Conference. "These are all paid trips, and they represent people who are really integrating Waymo Driver into their everyday lives," Mawakana shared.   Why It Matters: The autonomous taxi company announced its expansion into previously untapped areas in California, including San Jose, as Waymo received regulatory approval from the CPUC.    Waymo had also recently shared that the company completed <a href="https://www.benzinga.com/25/04/45001569/waymo-announces-250000-weekly-paid-rides-across-four-us-cities-sundar-pichai-says-personal-ownership-an-option-in-the-future">over 250,000 paid robotaxi rides</a> in a week in all of its cities, with the company also<a href="https://www.benzinga.com/markets/equities/25/04/45090602/google-backed-waymo-and-toyota-forge-strategic-partnership-to-bring-autonomous-driving-tech-to-personally-owned-vehicles"> announcing a partnership </a>with Toyota Motor Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TM#NYSE">TM</a>), which would focus on making self-driving tech for personal ownership. Elsewhere, Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) CEO Elon Musk says that the <a href="https://www.benzinga.com/25/05/45529030/elon-musk-confirms-tesla-robotaxi-launch-is-on-track-for-next-month-these-things-happen-slowly-but-then-all-at-once">Robotaxi launch in June</a> will see 10 vehicles on the road in the first week. However, it could be ramped up to over 1,000 autonomous driving vehicles a couple of months after June's launch. Price Action: GOOGL gained 0.47% in Pre-Market trading, currently valued at $164.75, according to<a href="http://pro.benzinga.com"> Benzinga Pro</a> data. Check out more of Benzinga&#8217;s Future Of Mobility coverage by<a href="https://www.benzinga.com/topic/mobility"> following this link.</a> Read Next: <a href="https://www.benzinga.com/25/05/45511328/ross-gerber-slams-teslas-fsd-technology-ahead-of-robotaxi-launch-maintains-bearish-views-on-elon-musks-company-after-dumping-10-stake-in-q1-2025">Ross Gerber Slams Tesla's FSD Technology Ahead Of Robotaxi Launch, Maintains Bearish Views On Elon Musk's EV Giant After Dumping 10% Stake in Q1</a></figcaption></figure>

Tesla Robotaxi Rival Waymo Reaches 10 Million Paid Rides Milestone As Self-Driving Cars Step Into The Spotlight

Despite the overvalued nature of the stock based on its price-to-earnings metric, Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>)&#8217;s CEO, Elon Musk, has defended the company&#8217;s growth, citing its stock prices, shrugging off the fundamental worries surrounding the carmaker as highlighted by experts.
What Happened: During the Qatar Economic Forum on Monday, Musk highlighted that Tesla&#8217;s share price was the measure of its business&#8217;s success. 
&#8220;You can just look at the stock price if you want the best inside information,&#8221; he said as per <a href="https://finance.yahoo.com/news/elon-musk-tells-investors-teslas-stock-price-shows-company-is-in-a-good-place-dont-worry-about-it-143940828.html">a</a> Yahoo Finance report.
&#8220;The stock market analysts have that, and a stock wouldn&#8217;t be trading near all-time highs if it was not, if things weren&#8217;t in good shape. They&#8217;re fine, don&#8217;t worry about it.&#8221;
According to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>, Tesla shares are trading at a price nearly 158.730 times its 2026 earnings. At the same time, the average forward price-to-earnings of its peers stood at 25.75 times, implying that Tesla was 6.16 times more expensive than its industry's average.
However, Gordon Johnson, the CEO and founder of GLJ Research, countered Musk&#8217;s statement with examples. In an X post, he highlighted that &#8220;If: high stock price = good underlying business fundamentals, then WorldComm + HealthSouth + Enron + Tyco + etc. would never have gone bankrupt.&#8221;
He explained that the stock prices were simply a reflection of a stock&#8217;s demand, which could be influenced by factors like CEO comments and pump-and-dump Wall Street analysts.
Taking a dig at the Federal Reserve and Treasury Secretary Scott Bessent, Johnson further stated that the Fed&#8217;s purchase of Treasuries by printing money was also a reason for the artificially created demand for stocks.
&#8220;Were the Federal Reserve to immediately pull out all the money it printed into existence from COVID, we&#8217;d QUICKLY have REAL price discovery in stocks,&#8221; he warned.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">I was going to comment on this&#8230; but <a href="https://twitter.com/FredericLambert?ref_src=twsrc%5Etfw">@FredericLambert</a> NAILS it. If: high stock price = good underlying business fundamentals, then WorldComm + HealthSouth + Enron + Tyco + etc. would never have gone bankrupt. Stock price simply = demand for the stock (and demand for a stock can… <a href="https://t.co/LmKs67YUH1">https://t.co/LmKs67YUH1</a>
&mdash; Gordon Johnson (@GordonJohnson19) <a href="https://twitter.com/GordonJohnson19/status/1924865321078276238?ref_src=twsrc%5Etfw">May 20, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
As of the <a href="https://www.benzinga.com/25/04/44937440/tesla-q1-earnings-highlights-revenue-miss-eps-miss-tariff-landscape-and-changing-political-sentiment-cloud-guidance">first quarter,</a> Tesla&#8217;s revenue fell 9% year-over-year to $19.34 billion, missing the Street&#8217;s consensus estimate of $21.35 billion, and its EPS declined 40% year-over-year to 27 cents, which was below the 31 cents consensus.
See Also: <a href="https://www.benzinga.com/news/25/05/45533521/charlie-munger-once-said-the-first-rule-of-compounding-is-to-never-interrupt-it-unnecessarily-now-hi">Charlie Munger Once Said, &#8216;The First Rule Of Compounding Is To Never Interrupt It Unnecessarily&#8217; — Now His Wisdom Rings True As The S&amp;P 500 Surges 220% Over 10 Years</a>
Why It Matters: When compared to a few of its industry peers, Tesla had the highest trailing P/E ratio among them.
<figure class="wp-block-table is-style-stripes"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td>Stocks</td>
<td>Trailing P/E</td>
</tr>
<tr>
<td>Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>)</td>
<td>196.469</td>
</tr>
<tr>
<td>Toyota Motor Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TM#NYSE">TM</a>)</td>
<td>0.05</td>
</tr>
<tr>
<td>General Motors Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>)</td>
<td>6.96</td>
</tr>
<tr>
<td>Ford Motor Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>)</td>
<td>8.54</td>
</tr>
<tr>
<td>Honda Motor Co Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HMC#NYSE">HMC</a>)</td>
<td>0.06</td>
</tr>
</tbody>
</table>
</figure>
However, when compared to the forward P/E ratios of the Magnificent 7 stocks, Tesla shares remain the most expensive with the highest ratio of forward price-to-earnings in comparison with its industry average.
<figure class="wp-block-table is-style-stripes"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td>Stocks</td>
<td>Forward P/E</td>
<td>Industry Average</td>
</tr>
<tr>
<td>Tesla Inc. </td>
<td>158.73</td>
<td>25.75</td>
</tr>
<tr>
<td>Nvidia Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>)</td>
<td>31.153</td>
<td>37.03</td>
</tr>
<tr>
<td>Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>)</td>
<td>28.818</td>
<td>20.23</td>
</tr>
<tr>
<td>Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>)</td>
<td>30.488</td>
<td>81.74</td>
</tr>
<tr>
<td>Amazon.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>)</td>
<td>31.646</td>
<td>32.14</td>
</tr>
<tr>
<td>Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>)</td>
<td>17.575</td>
<td>125.77</td>
</tr>
<tr>
<td>Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>)</td>
<td>25.189</td>
<td>125.77</td>
</tr>
</tbody>
</table>
</figure>
TSLA shares were down 9.35% year-to-date, but it has returned by 51.13% just in the last month. The shares were up 84.26% over the year. On Tuesday, it ended 0.51% lower and advanced 0.015% in after-hours and on Wednesday, it was up 0.46%.
Benzinga Edge Stock Rankings shows that Tesla had a stronger price trend over the short, medium, and long term. Its momentum ranking was solid, however, its value ranking was poor at the 8.57th percentile. The details of other metrics are <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">available here</a>. 
<figure class="wp-block-image size-large"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="1024" height="143" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/21034750/EDGE-TESLA-1024x143.png" alt="" class="wp-image-922346" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/21034750/EDGE-TESLA-1024x143.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/21034750/EDGE-TESLA-300x42.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/21034750/EDGE-TESLA-768x107.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/21034750/EDGE-TESLA.png 1224w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and Invesco QQQ Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), which track the S&amp;P 500 index and Nasdaq 100 index, respectively, fell in premarket on Wednesday. The SPY was down 0.70% to $588.69, while the QQQ declined 0.76% to $516.31, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a> data.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/general/market-summary/25/05/45515900/mstrs-new-bitcoin-accounting-standard-to-drive-financial-swings-make-earnings-volatile-says-expert-after-lawsuit-hits-strategy">MSTR&#8217;s New Bitcoin Accounting Standard To Drive &#8216;Financial Swings,&#8217; Make Earnings &#8216;Volatile,&#8217; Says Expert After Lawsuit Hits Strategy</a></li>
</ul>
Image Via Shutterstock

Earnings

Market Summary

Broad U.S. Equity ETFs

Futures

Federal Reserve

Tesla Is 6X More Expensive Than Its Peers And The Most Overvalued Mag 7 Stock: Gordon Johnson Questions Fundamentals As Elon Musk Shrugs Off Concerns

Reported Earlier, Toyota Debuts 2026 RAV4 With Three Distinct Styles—Core, Sport, And Rugged—Now 100% Electrified With HEV And PHEV Options

Alphabet Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) autonomous vehicle company Waymo, has announced it will expand its ride-hailing services following regulatory approval from the California Public Utilities Commission.
What Happened: The company took to the social media platform X as it shared the announcement on its official X handle on Monday.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">We're very excited to share that the CPUC has approved our application to operate our fully autonomous commercial ride-hailing service in the South Bay and nearly all of San Jose! While this won't change our operations in the near-term, we're looking forward to bringing the…
&mdash; Waymo (@Waymo) <a href="https://twitter.com/Waymo/status/1924595146089496654?ref_src=twsrc%5Etfw">May 19, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
"We're very excited to share that the CPUC has approved our application to operate our fully autonomous commercial ride-hailing service in the South Bay and nearly all of San Jose!" The company said in the post.
Waymo also said that the CPUC approval for the expansion of its service would not affect the company's operations in the near future.
Why It Matters: Waymo has been at the forefront of the Autonomous Taxi sector in the U.S., as Gerber Kawasaki&#8216;s Ross Gerber hailed <a href="https://www.benzinga.com/25/05/45341851/ross-gerber-calls-waymos-self-driving-taxis-better-than-human-says-theyre-tough-competition-for-uber-and-tesla">the company's tech</a> as being "better than a human."
Waymo also recently announced it hit the <a href="https://www.benzinga.com/25/04/45001569/waymo-announces-250000-weekly-paid-rides-across-four-us-cities-sundar-pichai-says-personal-ownership-an-option-in-the-future">250,000 weekly paid autonomous robotaxi </a>trips milestone and announced a collaboration with Toyota Motor Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TM#NYSE">TM</a>) to explore personal ownership options of AVs.
Waymo isn't the only company at play in the sector, though, with ride-sharing giant Uber Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>) also making moves in the segment <a href="https://www.benzinga.com/tech/25/05/45345942/gary-black-weighs-in-on-pony-ais-growth-ahead-of-earnings-report-a-recently-announced-partnership-with-uber">through partnerships</a> with companies like self-driving startup Pony AI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PONY#NASDAQ">PONY</a>).
Elsewhere, experts like Wedbush Investment's Dan Ives believe Tesla Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) robotaxi launch in June <a href="https://www.benzinga.com/25/05/45126638/tesla-will-own-the-autonomous-market-dan-ives-says-shrugging-off-waymo-toyota-agreement">won't be affected</a> by Waymo's partnership with Toyota. "Tesla will own the autonomous market in my view and no one can compete with their scale and scope," Ives shared.
Check out more of Benzinga's Future Of Mobility coverage by<a href="https://www.benzinga.com/topic/mobility"> following this link</a>.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/tech/25/05/45511920/cathie-wood-says-brand-damage-has-happened-for-tesla-but-believes-it-isnt-long-term-tesla-will-have-a-lock">Cathie Wood Says Brand Damage Has Happened For Tesla But Believes It Isn&#8217;t Long-Term: &#8216;Tesla&#8230;Will Have A Lock…&#8217;</a></li>
</ul>
Photo courtesy: Sundry Photography / Shutterstock.com

PONY

UBER

Tesla Robotaxi Rival Waymo Announces California Expansion As Autonomous Taxi Race Heats Up

<a href="https://asia.nikkei.com/Business/Business-deals/Toyota-group-to-borrow-up-to-21bn-to-take-Toyota-Industries-private">https://asia.nikkei.com/Business/Business-deals/Toyota-group-to-borrow-up-to-21bn-to-take-Toyota-Industries-private</a>

Comments

Toyota Motor

Notizie

Ultime notizie per Toyota Motor (NYSE:TM) Azioni

Le persone guardano anche

Notizie

PARTNER/COLLABORATORE

BENZINGA NEL MONDO