Toyota Motor에 대한 매도 수량은 투자자에게 Toyota Motor의 주식 하락에 베팅하는 정도를 알려줍니다. 매도 수량 데이터는 2주마다 업데이트됩니다.

Toyota Motor (NYSE:TM) 주식, 공매도 수량 보고

Toyota Motor

Founded in 1937, Toyota is one of the world's largest automakers, with 11.1 million units sold at retail in fiscal 2024, 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 2024 sales excluding financial services were JPY 41.6 trillion. Toyota also has a financing arm and manufactures homes and boats.

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닛산 자동차(OTC:NSANY) 주가는 수요일(18일) 도쿄에서 혼다 자동차(NYSE:HMC)와 합병 논의가 보도된 후 22.54% 급등했다. 반면에 혼다의 주가는 2% 하락하고 있다.

혼다와 합병 협상 보도 이후 닛산 주가 20% 급등, 미쓰비시도 동반 상승세

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이 8개 중형주는 지난주 최고의 성과를 거두었다. 그것들이 당신의 포트폴리오에 있나요? 1. 아처 에비에이션(NYSE:ACHR) 주식은 지난주 65.57% 급등했다.

아처 및 어번 아웃피터스는 지난주 최고 성과를 보여준 8개 중형주 중 일부 (11월 25일-29일)

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토요타 자동자(NYSE:TM) 주식이 금요일 소폭 상승했다. 이 자동차 대기업은 10월에 전 세계 판매량이 1.4% 증가하여 903,103대에 달했다고 밝혔다. 이는 5개월 만에 처음으로 판매가 증가한 것이다. 일본 외 판매량은 0.4% 증가하여 759,555대에 달했다.

금요일 토요타 자동차의 주식은: 10월 전 세계 판매량 1.4% 증가, 5개월 만에 처음

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Toyota Motor's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TM#NYSE">TM</a>) short percent of float has fallen 16.67% since its last report. The company recently reported that it has 619 thousand shares sold short, which is 0.05% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.85 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Toyota Motor Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1734621321_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Toyota Motor has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Toyota Motor's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Toyota Motor's peer group average for short interest as a percentage of float is 7.83%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

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Peering Into Toyota Motor's Recent Short Interest

Toyota Motor Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TM#NYSE">TM</a>) shares are trading higher Wednesday following the announcement that its North American division received $4.5 million in federal funding from the U.S. Department of Energy&#8217;s ARPA-E program. Here&#8217;s <a href="https://www.benzinga.com/trading-ideas/movers/24/12/42559696/toyota-secures-funding-for-sustainable-battery-lifecycle-management-details">what you need to know.</a>
What To Know: The funding supports a project to develop technology aimed at improving the circular supply chain for electric vehicle (EV) batteries. The project, managed by Toyota's Research Institute of North America, focuses on automating battery disassembly, improving the classification of battery components and extending battery life through recycling and reuse.
Toyota is collaborating with Oak Ridge National Laboratory, National Renewable Energy Laboratory, and Baker Hughes' Waygate Technologies to achieve these goals. The project aims to establish processes for efficient reuse and recycling of EV batteries, reducing waste and emissions.
The project aligns with Toyota's sustainability efforts and the broader industry shift toward cleaner energy. The innovations may enhance the economic and environmental efficiency of EV battery production and recycling.
&#8220;This collaboration represents a significant step forward in developing sustainable solutions for the battery lifecycle&#8221;, said&nbsp;Sarah Kennedy, BLS manager who is leading the technology to market deployment. &#8220;By applying the innovations established from this project, we aim to create a framework that not only reduces battery waste but also enhances the circularity of our battery supply chain, supporting Toyota&#8217;s commitment to sustainability and mobility.&#8221;
TM Price Action: Toyota Motor Corporation shares were up 0.78% at $174.63 at the time of writing, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro.</a>
<figure class="wp-block-image size-large is-resized"><a href="https://benzinga.slack.com/archives/D072651PB4K/p1733167806337199"><img loading="lazy" decoding="async" width="1024" height="541" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/18150053/TM-1024x541.png" alt="" class="wp-image-698472" style="width:476px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/18150053/TM-1024x541.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/18150053/TM-300x158.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/18150053/TM-768x406.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/18150053/TM.png 1456w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
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Photo courtesy: Toyota Inc.

Toyota Shares Are On The Rise: What's Going On?

WIIM

Toyota Motor shares are trading higher. The company announced it received funding from the US Department of Energy for the development of EV battery life cycles.

Toyota Motor Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TM#NYSE">TM</a>) shares are <a target="_blank" href="https://www.benzinga.com/pressreleases/24/12/n42555263/toyota-selected-to-receive-4-5-million-in-federal-funding-for-development-of-technology-to-support" rel="noreferrer noopener">trading higher on Wednesday.</a>
The company revealed a $4.5 million funding grant from the U.S. Department of Energy&#8217;s Advanced Research Projects Agency-Energy.
The funding, part of the Catalyzing Innovative Research for CIRCULAR Program, aims to support the development of a sustainable circular supply chain for electric vehicle batteries.
Toyota Engineering &amp; Manufacturing North America, Inc., in collaboration with Oak Ridge National Laboratory, National Renewable Energy Laboratory, and Baker Hughes&#8217; Waygate Technologies, will lead the project.
Also Read:<a target="_blank" href="https://www.benzinga.com/24/12/42553082/how-to-earn-500-a-month-from-micron-stock-ahead-of-q1-earnings" rel="noreferrer noopener"> How To Earn $500 A Month From Micron Stock Ahead Of Q1 Earnings</a>
This initiative, titled Development of an Autonomous Robotic Disassembly Process for Applications in Battery Pack Circularity, is focused on addressing the key bottlenecks in the battery supply chain, such as automating battery pack disassembly, improving battery classification, and mitigating cell degradation.
The project aims to create a 3R (Reduce, Reuse, Recycle) framework for end-of-life batteries. It will develop automated tools and protocols for disassembling battery packs, diagnosing battery cells, and repurposing these cells into new energy systems. The innovations will help streamline the reuse and refurbishment of valuable battery components, reducing waste and extending battery life.
This collaboration represents a significant step forward in Toyota&#8217;s commitment to sustainability, helping to create a more circular battery supply chain.
The project aligns with the company&#8217;s broader efforts to reduce battery waste, enhance battery lifecycle management, and support the energy transition.
As the demand for EVs grows, this initiative will help ensure that batteries are reused efficiently, minimizing their environmental impact and maximizing their lifespan.
Price Action: TM shares are trading higher by 3.44% to $179.24 at last check Wednesday.
Photo via Shutterstock.

Toyota Secures Funding For Sustainable Battery Lifecycle Management: Details

Funding is Part of Advanced Research Projects Agency-Energy (ARPA-E) Program to Develop a Sustainable Critical Minerals Supply Chain
ANN ARBOR, Mich., Dec. 18, 2024 /PRNewswire/ -- Toyota announced today that Toyota Engineering &amp; Manufacturing North America, Inc. (TEMA), inclusive of Toyota Motor North America (TMNA) R&amp;D, has been selected to receive $4.5 million in funding from the U.S. Department of Energy, Advanced Research Projects Agency-Energy (ARPA-E). The funding is part of the <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4327544-1&amp;h=1567816166&amp;u=https%3A%2F%2Farpa-e.energy.gov%2Fnews-and-media%2Fpress-releases%2Fus-department-energy-announces-13-projects-strengthen-domestic&amp;a=Catalyzing+Innovative+Research+for+Circular+Use+of+Long-lived+Advanced+Rechargeables+(CIRCULAR)+Program">Catalyzing Innovative Research for Circular Use of Long-lived Advanced Rechargeables (CIRCULAR) Program</a>, designed to support a circular domestic supply chain for electric vehicle (EV) batteries.

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Toyota Selected To Receive $4.5M From The U.S. Department Of Energy, Advanced Research Projects Agency-Energy In Federal Funding For Development Of Technology To Support A Circular Domestic Supply Chain For Electric Vehicle Batteries

Nissan Motor Co. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/NSANY#OTC">NSANY</a>)&nbsp; shares surged 22.54% in Tokyo on Wednesday <a href="https://www.benzinga.com/news/global/24/12/42541842/japanese-auto-giants-nissan-honda-eye-merger-says-nikkei">after the reports of merger talks</a> with Honda Motor Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HMC#NYSE">HMC</a>). Honda&#8217;s stock is trading down 2%.
According to the report, the two automakers are exploring a merger under a holding company structure, with plans to include Mitsubishi Motors Corp. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/MMTOF#OTC">MMTOF</a>), where Nissan holds a 24% stake. A memorandum of understanding is expected soon. Mitsubishi Motor shares were seen trading over 13% higher in Tokyo at the time of writing.
If finalized, the combined Nissan-Honda-Mitsubishi group could achieve annual sales exceeding 8 million vehicles, making it one of the world's largest automakers. However, it would still trail Japan&#8217;s Toyota Motor Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TM#NYSE">TM</a>), with 11.2 million sales in 2023, and Germany's Volkswagen AG at 9.2 million.
Year-to-date, Nissan shares have fallen 28.3% trading at 412 Japanese Yen ($2.68), while Honda is trading at 1,270 Japanese Yen ($8.27), down 15.7%. Meanwhile, Mitsubishi Motor stock is up 1.49% this year trading at 463 Japanese Yen ($3.01).
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Image Via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Nissan Stock Soar Over 20% On Merger Talks With Honda, Mitsubishi Spikes

These eight mid-cap stocks were the best performers in the last week. Are they in your portfolio?
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<li>Archer Aviation Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACHR#NYSE">ACHR</a>) shares skyrocketed 65.57% last week.</li>
<li>Scholar Rock Holding Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SRRK#NASDAQ">SRRK</a>) stock jumped 49.61%  after rival Biohaven Ltd.'s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BHVN#NYSE">BHVN</a>) taldefgrobep for spinal muscular <a href="https://www.benzinga.com//node/42169246" target="_blank" rel="noreferrer noopener">atrophy failed its Phase 3 study</a>.</li>
<li>Arrowhead Pharmaceuticals, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARWR#NASDAQ">ARWR</a>) shares escalated 42.40% after it entered into a global licensing and collaboration agreement with Sarepta Therapeutics Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SRPT#NASDAQ">SRPT</a>) for multiple clinical <a href="https://www.benzinga.com//node/42196870" target="_blank" rel="noreferrer noopener">and preclinical siRNA programs</a>.</li>
<li>Iris Energy Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IREN#NASDAQ">IREN</a>) stock surged 38.99% after the company reported first-quarter results and several analysts raised <a href="https://www.benzinga.com//node/42214256" target="_blank" rel="noreferrer noopener">the price forecast on the stock</a>.</li>
<li>Hims &amp; Hers Health, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HIMS#NYSE">HIMS</a>) shares upped 33.42% in response to President-elect Donald Trump's plans to nominate Marty Makary to lead the <a href="https://www.benzinga.com//node/42177219" target="_blank" rel="noreferrer noopener">Food and Drug Administration (FDA)</a>.</li>
<li>SoundHound AI, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOUN#NASDAQ">SOUN</a>) stock grew 33.38%. The company recently announced the deployment of its conversational AI agent, Amelia, at <a href="https://www.benzinga.com//node/42145826" target="_blank" rel="noreferrer noopener">Apivia Courtage as part of the AEMA Group</a>.</li>
<li>Joby Aviation, Inc.'s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JOBY#NYSE">JOBY</a>) stock upped 31.62% after Toyota Motor Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TM#NYSE">TM</a>) <a href="https://www.benzinga.com//node/42169194" target="_blank" rel="noreferrer noopener">invested half a billion dollars</a> in it.</li>
<li>Urban Outfitters, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/URBN#NASDAQ">URBN</a>) shares increased 30.43% after the company reported third-quarter earnings and several analysts raised <a href="https://www.benzinga.com//node/42221225" target="_blank" rel="noreferrer noopener">the price forecast on the stock</a>.</li>
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Image via Archer

Archer Aviation, Hims & Hers Health And Urban Outfitters Are Among Top 8 Mid-Cap Gainers Last Week (Nov 25-Nov 29): Are The Others In Your Portfolio?

Toyota Motor Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TM#NYSE">TM</a>) shares are trading <a target="_blank" href="https://www.benzinga.com/movers" rel="noreferrer noopener">relatively flat on Friday.</a>
The auto behemoth saw a 1.4% increase in <a target="_blank" href="https://global.toyota/en/company/profile/production-sales-figures/202410.html" rel="noreferrer noopener">global sales</a>, reaching 903,103 vehicles in October. This marked the first sales rise in five months. Sales outside Japan rose by 0.4% to 759,555.
This includes sales from Toyota&#8217;s Lexus brand but excludes results from Daihatsu and Hino.
North American sales fell by 5.3%, while in Latin America, sales increased by 18.6%. Sales in Europe increased 1.4%.
The company&#8217;s worldwide production fell 0.8% year over year to 893,164 vehicles. In China, production fell by 8.7%, reflecting market conditions. Additionally, Toyota&#8217;s output in Thailand dropped by 12.8%.
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Earlier this month, the company reportedly shared ambitious production goals for China while maintaining <a target="_blank" href="https://www.benzinga.com/24/11/41882969/toyota-eyes-3-million-cars-in-china-by-2030-cautions-against-us-electric-vehicle-mandates" rel="noreferrer noopener">a cautious stance toward the U.S.</a>
The Japanese automaker plans to produce at least 2.5 million vehicles annually in China by 2030.
Toyota aims to bring its sales and production operations closer together and give local executives more control over development.
Meanwhile, Toyota&#8217;s North American COO reportedly criticized U.S. policies that push rapid electric vehicle adoption and fail to reflect current consumer demand.
Jack Hollis, COO of Toyota North America, argued that EV sales should grow naturally without penalizing gas-powered vehicles, noting that government support for EVs has been a contentious topic in the recent U.S. presidential election.
Hollis pointed out that the EPA and California emission regulations are &#8220;ahead of the consumer,&#8221; creating a mismatch with what buyers want.
Price Action: TM shares are trading higher by 0.40% to $170.40 at last check Friday.
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Photo via Shutterstock.

What's Going On With Toyota Motor Stock Today?

The trade relationship between the U.S. and Mexico, America's top trading partner in 2023, entered a <a href="https://www.benzinga.com/news/econ-s">new phase of tension.</a>
President-elect Donald Trump's recent pledge to impose 25% tariffs on all imports from Mexico and Canada, as soon as he returns to the Oval Office in January, has sent ripples through currency markets and put significant downward pressure on both the Mexican peso (MXN) <a href="https://www.benzinga.com/economics/macro-economic-events/24/11/42202496/goldman-sachs-expects-major-selloffs-in-canadian-dollar-mexican-peso-says-trump-tariffs-threaten-usmca-agreement">and Canadian dollar (CAD). </a>
The Mexican currency weakened to levels last seen in August 2022, with the USD/MXN exchange rate eyeing the sixth week of gains in the last seven in response to escalating trade concerns. 
Market jitters were amplified by Mexico's potential retaliatory measures, which could disrupt the deeply interconnected economies of both nations.
The risk of a U.S.–Mexico trade war could jeopardize nearly $800 billion in annual trade flows. 
<h1 class="wp-block-heading">Mexican Peso Takes a Hit</h1>
According to Alejandro Cuadrado, BBVA&#8217;s chief strategist, the peso was particularly vulnerable on Tuesday, with USD/MXN breaking through key resistance at 20.60 and testing 20.80, a level last seen after the 2020 U.S. presidential election. 
Cuadrado highlighted the sell-off reflects the uncertainty surrounding U.S. trade policy and Mexico's potential retaliation, with risks of further depreciation looming.
"The break of USD/MXN 20.60 has opened the room towards the 21 handle," Cuadrado said, adding that investors are now awaiting more policy clarity. 
He warned that the MXN could face significant headwinds in the short term, especially if U.S. tariff threats materialize.
&#8220;Tuesday's sell-off was also a reminder that risks can awaken suddenly and rapidly given the uncertainty, erratic communication, lack of definition and overall style of policymaking,&#8221; Cuadrado added.
<h1 class="wp-block-heading">Trade War Threat Looms About $800 Billion In Bilateral Trade</h1>
Mexico surpassed China to become the U.S&#8217;s largest trading partner in 2023, underscoring the critical importance of the relationship.
According to official U.S. Census Bureau data, total goods and services traded between the U.S. and Mexico reached $798 billion last year.
This figure reflects the deep integration of their economies under the United States–Mexico–Canada Agreement (USMCA), which replaced NAFTA in 2020.
Here's a breakdown of 2023 U.S.–Mexico trade:
<ul>
<li>U.S. Exports to Mexico: $322 billion
<ul>
<li>Mexico is a key buyer of U.S.-produced goods, including motor vehicle parts, semiconductors, basic chemicals, petroleum products and agricultural commodities.</li>
<li>In energy, Mexico is the largest importer of U.S. natural gas and petroleum products.</li>
<li>U.S. goods exports to Mexico have grown exponentially from $42 billion in 1993 (pre-NAFTA) to $322 billion in 2023.</li>
</ul>
</li>
<li>U.S. Imports from Mexico: $477 billion
<ul>
<li>Nearly 80% of Mexico's total exports are destined for the U.S..</li>
<li>Top categories include automobiles ($130 billion), electronic equipment ($85.6 billion), and machinery and reactors ($81 billion). </li>
</ul>
</li>
<li>U.S. Trade Deficit with Mexico: $152.5 billion
<ul>
<li>The 2023 trade deficit with Mexico is nearly three times larger than a decade ago, reflecting the country's growing role as a manufacturing hub for U.S.-bound goods.</li>
</ul>
</li>
</ul>
<h1 class="wp-block-heading">Automotive Industry At The Center Of Trade Tensions</h1>
The U.S. auto sector is particularly vulnerable to trade disruptions with Mexico. Of the $477 billion in U.S. imports from Mexico in 2023, vehicles accounted for $130 billion — by far the largest single category.
Automakers such as General Motors Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>), Ford Motor Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>), Stellantis N.V. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STLA#NYSE">STLA</a>), Volkswagen AG (OTCPK: VLKAF), Toyota Motor Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TM#NYSE">TM</a>), and Honda Motor Co. Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HMC#NYSE">HMC</a>) have long relied on Mexican factories for their affordability and proximity to U.S. markets.
Components for cars, such as engines, transmissions and interior electronics, often cross the U.S.-Mexico border multiple times before final assembly.
Additionally, the Wall Street Journal <a href="https://www.wsj.com/business/autos/mexico-gets-cold-feet-over-new-chinese-ev-plant-after-trump-win-3b92f1c3">published</a> on Tuesday that Chinese electric vehicle manufacturer BYD — a major rival of Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) — is in the final stages of planning a factory in Mexico — a move that could further heighten trade tensions between the two neighbors.
The Wall Street Journal also reported Mexican officials are concerned a BYD factory could send the wrong signal to Trump and his trade-focused allies, potentially implying Mexico aims to serve as a backdoor for Chinese companies to access the U.S. market.
Read Now:
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<li><a href="https://www.benzinga.com/government/regulations/24/11/42213610/hasbro-best-buy-brace-as-trumps-tariffs-loom-could-retail-margins-hit-rock-bottom">Trump&#8217;s Tariff Plan Targets Imports: Electronics, Retail Stocks At Risk</a></li>
</ul>
Photo: Shutterstock

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US–Mexico Trade Tensions Escalate As Mexican Peso Hits August 2022 Lows: Why Is Auto Industry Most At Risk?

Joby Aviation Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JOBY#NYSE">JOBY</a>) is soaring to new heights—literally and figuratively. The stock is making new 52-week highs on Monday, <a href="https://www.benzinga.com/quote/JOBY/news">fueled by news</a> of half a billion-dollar investment from Toyota Motor Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TM#NYSE">TM</a>). 
Joby stock was up by over 10% by 10:30 AM ET on Monday.
Joby's meteoric rise — a staggering 54.75% gain in the past month and 42.34% over the last five days (both rising) — signals a market awakening to the future of air mobility.
<h2 class="wp-block-heading">Toyota's Half-Billion Dollar Lift</h2>
Toyota&#8217;s <a href="https://www.yahoo.com/news/toyota-pouring-half-billion-dollars-110001029.html">recent</a> $500 million investment into the electric vertical takeoff and landing (eVTOL) technology company has electrified the buzz around Joby. The funding is earmarked to help Joby secure crucial flight certifications and ramp up commercial production of its futuristic air taxis. This isn't Toyota's first rodeo with Joby — their partnership dates back to 2019, with nearly $900 million in total investments so far, making Toyota a cornerstone of Joby's success.
"Today's investment builds on nearly seven years of collaboration between our companies," said Joby CEO JoeBen Bevirt. Toyota's support extends beyond cash, with the auto giant contributing expertise in manufacturing and process planning. 
Together, they're chasing a shared vision of sustainable, urban air mobility.
Read Also: <a href="https://www.benzinga.com/24/11/42071065/analyst-says-faa-support-uber-partnership-push-joby-aviation-toward-air-taxi-leadership">Joby Aviation Positioned For Air Taxi Leadership, Thanks To FAA Backing And Uber Partnership: Analyst</a>
<h2 class="wp-block-heading">From Helicopters To Hovercrafts</h2>
Joby's eVTOL aircraft, powered by six electric motors, is the eco-friendly answer to traditional helicopters. With zero emissions during operation and speeds of up to 200 mph, Joby's air taxi is designed to hold one pilot and four passengers. Compared to the carbon-heavy Airbus AS350 helicopter, which spews out 950 pounds of CO2 per hour, Joby's eVTOL slashes emissions by 52%, even when charged with non-renewable energy.
<h2 class="wp-block-heading">Joby Stock Investors Strap In</h2>
Joby's recent rally has pushed the stock price well above its short- and long-term moving averages, solidifying a bullish trend:
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent112524&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="628" height="490" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/25104256/Screenshot-2024-11-25-at-9.12.40-PM.png" alt="" class="wp-image-663649" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/25104256/Screenshot-2024-11-25-at-9.12.40-PM.png 628w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/25104256/Screenshot-2024-11-25-at-9.12.40-PM-300x234.png 300w" sizes="(max-width: 628px) 100vw, 628px" /></a></figure>
<a href="https://www.benzinga.com/pro/?utm_source=BZprocontent112524&amp;t=be2bearmibe3na1">Chart created using Benzinga Pro</a>
<ul>
<li>Eight-day SMA (simple moving average): $6.43</li>
<li>20-day SMA: $5.76</li>
<li>50-day SMA: $5.59</li>
<li>200-day SMA: $5.36</li>
</ul>
With Joby stock at $7.80, every metric screams &#8216;bullish&#8217;. The MACD (moving average convergence/divergence) indicator of 0.42 adds to the technical enthusiasm. 
Traders may want to watch for any signs of reversal as the RSI (relative strength index) in the overbought territory at 74.03, spelling caution.
<h2 class="wp-block-heading">What's Next For Joby Stock?</h2>
Beyond the stock chart excitement, Joby is making real-world strides. The company has <a href="https://www.investing.com/news/company-news/joby-aviation-stock-soars-to-52week-high-of-77-amid-growth-optimism-93CH-3739979">completed</a> production of its third aircraft and broken ground on a new California facility, set to double manufacturing capacity. 
Earlier this year, Joby even showcased its air taxi in New York City, capturing imaginations and headlines alike.
Needham analysts recently initiated coverage with a Buy rating and a price target of $8, citing Joby's first-mover advantage in the emerging air taxi industry. Regulatory winds are also blowing in Joby's favor, with anticipated green lights from the FAA that could unlock a $3 billion market opportunity.
<h2 class="wp-block-heading">High Hopes, Higher Stakes</h2>
With Toyota's backing, innovative tech, and a bullish stock trajectory, Joby is positioned as a frontrunner in the race to revolutionize short-distance air travel. 
But the stakes remain sky-high—securing regulatory approvals and achieving commercial viability are monumental tasks. 
For now, though, Joby stock is flying high, and investors seem ready to go along for the ride.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/11/41754469/air-mobility-stocks-prepare-for-takeoff-will-joby-archer-blade-soar-above-certifica">Air Mobility Stocks Prepare For Takeoff: Will Joby, Archer, Blade Soar Above Certification, Cash Challenges?</a></li>
</ul>
Image: Joby Aviation

Technicals

Joby Gets Toyota's $500M Dollar Lift: eVTOL Pioneer Making New Highs

Investment veteran Gary Black cautions that Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) will lose the most if the $7,500 federal electric vehicle tax credit is eliminated, citing the company&#8217;s overwhelming dependence on <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/11/41988194/trump-plans-to-erase-ev-tax-credit-analyst-says-its-net-bullish-calls-sell-off-wrong-knee-jerk-reaction">EV sales compared to traditional automakers</a>.
What Happened: Black, managing partner at The Future Fund LLC, points to Tesla&#8217;s recent history of price-related challenges as evidence for his concern. &#8220;Tesla&#8217;s earnings power declined by 45% and shares fell by 70% in 15 months&#8221; following price cuts of 15-20% in late 2022 and 2023, he noted on social media platform X.
The potential loss of the tax credit could effectively increase Tesla&#8217;s U.S. vehicle prices by 20%, affecting approximately 30% of the company&#8217;s global sales volume. Black emphasizes that Tesla&#8217;s vulnerability stems from its business model, where electric vehicles represent about 80% of revenue.
&#8220;No one else has anywhere near that degree of exposure to EVs,&#8221; Black wrote, contrasting Tesla&#8217;s position with traditional automakers. He dismisses concerns about the impact on legacy manufacturers, noting that companies like General Motors Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>) and Toyota Motor Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TM#NYSE">TM</a>) saw earnings growth during Tesla&#8217;s recent downturn.
Black&#8217;s analysis challenges some Tesla supporters who suggest the credit&#8217;s removal would primarily hurt traditional automakers. He argues that mathematical analysis doesn&#8217;t support this view, pointing out that EVs typically constitute only 5-10% of legacy automakers&#8217; business.
&#8220;Why would raising price on 5-10% of legacy auto's business bankrupt them? C'mon folks &#8211; please do the math,&#8221; Black wrote. 
<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 love when <a href="https://twitter.com/search?q=%24TSLA&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$TSLA</a> bulls try to spin negative industry news as good for TSLA but bad for everyone else. When TSLA cut prices by 15-20% in late-2022 and 2023 — which sparked a price war — I was one of the few who warned repeatedly that TSLA earnings would get decimated, while mgmt… <a href="https://t.co/c03qw3c53V">https://t.co/c03qw3c53V</a> <a href="https://t.co/cwXIrzmsTI">pic.twitter.com/cwXIrzmsTI</a>
&mdash; Gary Black (@garyblack00) <a href="https://twitter.com/garyblack00/status/1857186024977543546?ref_src=twsrc%5Etfw">November 14, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also: <a href="https://www.benzinga.com/markets/equities/24/11/41993666/warren-buffetts-berkshire-hathaway-slashes-apple-bofa-holdings-adds-dominos-pizza-in-q3">Warren Buffett&#8217;s Berkshire Hathaway Slashes Apple, BofA Holdings, Adds Domino&#8217;s Pizza In Q3</a>
Why It Matters: The potential elimination of the $7,500 EV tax credit has been a topic of concern for Tesla and the EV industry as a whole. Despite the negative implications, some analysts believe that this move could be <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/11/41988194/trump-plans-to-erase-ev-tax-credit-analyst-says-its-net-bullish-calls-sell-off-wrong-knee-jerk-reaction">beneficial for Tesla</a>.
Meanwhile, Tesla&#8217;s stock has been on the rise since the 2024 presidential election, with Elon Musk&#8216;s endorsement of President-elect Donald Trump being seen as a <a href="https://www.benzinga.com/trading-ideas/24/11/41985486/if-tesla-stock-hits-all-time-highs-in-2025-will-it-be-driven-by-trump-musk-relationship-benzinga-readers-say-this">significant factor in this growth</a>.
Furthermore, the recent announcement of Musk as the co-lead for the Department of Government Efficiency (DOGE) has been <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/11/41968621/analysts-divided-about-impact-of-elon-musk-co-leading-doge-on-tesla-stock-heres-what-bulls-and-bears-have-to-say">met with mixed reactions</a> from analysts, with Black suggesting that this appointment may not have a significant impact on Tesla&#8217;s stock.
Price Action: Tesla stock closed at $311.18 on Thursday, down 5.77% for the day. In after-hours trading, Tesla slipped a further 1.15%. Despite recent drops, Tesla&#8217;s stock has gained 25.26% year to date, according to <a href="https://www.benzinga.com/pro/">data from Benzinga Pro</a>.
Read Next: 
<a href="https://www.benzinga.com/trading-ideas/24/11/41997142/viking-fund-management-sells-big-oil-stocks-in-q3-cuts-tesla-position-in-half-adds-to-largest-position-broadcom">Viking Fund Management Sells Big Oil Stocks In Q3, Cuts Tesla Position In Half, Adds To Largest Position Broadcom</a>
Image via Tesla
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Tesla Earnings Will Be Hit Hardest If $7.5K EV Credit Gets Cut By Trump, Warns Gary Black: 'Do The Math'

Toyota Motor Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TM#NYSE">TM</a>) shared ambitious production goals for China while maintaining a cautious stance towards the U.S.
The Japanese automaker plans to produce at least 2.5 million vehicles annually in China by 2030.
Toyota aims to bring its sales and production operations closer together and give local executives more control over development, Reuters reports.
Also Read: <a target="_blank" href="https://www.benzinga.com/analyst-ratings/downgrades/24/11/41855430/bath-body-works-stock-downgraded-due-to-this-risk-details" rel="noreferrer noopener">Bath &amp; Body Works Stock Downgraded Due To This Risk: Details</a>
This strategic shift marks a notable pivot for the automaker as it seeks to regain market share lost to local competitors like BYD.
Unlike other global automakers, including fellow Japanese brands scaling back in China, Toyota aims to boost its production capacity to as many as 3 million vehicles per year by the end of the decade.
Although Toyota has not set a formal target, the higher figure would represent a 63% increase from its record output of 1.84 million vehicles in China in 2022.
Reuters stated that Toyota has already begun notifying suppliers about the planned production ramp-up to secure its supply chain and signal its long-term commitment to the Chinese market.
The automaker aims to streamline its Chinese joint ventures by integrating sales and production operations for greater efficiency while shifting more development responsibility to local teams familiar with market preferences, particularly in electrified and connected vehicles.
Toyota&#8217;s struggles in China have been compounded by domestic EV makers, who have quickly launched affordable, tech-savvy models that appeal to Chinese consumers.
While Toyota has enhanced collaboration between its R&amp;D center in Jiangsu and its local joint ventures, it still faces challenges as vehicles independently developed by its joint venture partners outperform those co-developed with Toyota.
Therefore, Toyota plans to consolidate production for each model at a single joint venture facility and offer the models at dealerships of both joint ventures.
Last week, China unveiled a <a target="_blank" href="https://www.benzinga.com/government/regulations/24/11/41843262/chinas-stimulus-plan-not-enough-to-ignite-stocks" rel="noreferrer noopener">new fiscal stimulus package</a> committing 6 trillion yuan ($840 billion) to alleviate hidden debt burdens faced by local governments.
The broad financial initiative, scheduled for completion by the end of 2026, signals a major effort by Beijing to tackle rising economic challenges and boost growth in the face of global uncertainties.
Meanwhile, Toyota&#8217;s North American COO criticized U.S. policies that push rapid electric vehicle (EV) adoption and fail to reflect current consumer demand.
Jack Hollis, COO of Toyota North America, argued that EV sales should grow naturally without penalizing gas-powered vehicles, noting that government support for EVs has been a contentious topic in the recent U.S. presidential election, Bloomberg <a target="_blank" href="https://www.bloomberg.com/news/articles/2024-11-08/toyota-executive-lashes-out-at-us-regulations-promoting-ev-sales?sref=TBDibEcD" rel="noreferrer noopener">reports</a>.
Hollis pointed out that the EPA and California emission regulations are &#8220;ahead of the consumer,&#8221; creating a mismatch with what buyers want.
In March, the EPA introduced stringent emissions limits to reduce carbon dioxide output to 85 grams per mile by 2032. These rules, endorsed by the Biden-Harris administration, faced criticism from President-elect Donald Trump throughout the campaign.
California&#8217;s regulations go even further, aiming to phase out all new gas-powered cars by 2035, a model many states have adopted. Hollis, who oversees Toyota&#8217;s U.S. sales, warned that such measures exacerbate affordability issues as EVs remain more expensive than traditional vehicles.
Previously, Toyota was among the last automakers to withdraw support for the Trump administration&#8217;s effort to prevent California from setting its emissions standards.
Toyota plans to introduce two American-made EVs by 2026, in addition to its existing all-electric models in the U.S., following a more gradual approach to the EV market shift.
Hollis mentioned that Toyota might reconsider the production balance between fully electric and hybrid batteries at its new North Carolina facility, slated to open next year.
The plant includes ten production lines for electric and plug-in models alongside four dedicated lines for hybrid batteries, reflecting Toyota&#8217;s incremental strategy in the evolving EV landscape.
Toyota&#8217;s <a target="_blank" href="https://www.benzinga.com/news/earnings/24/11/41780408/toyota-stock-slides-on-q2-earnings-the-details" rel="noreferrer noopener">second-quarter sales</a> were 11.44 trillion yen ($76.29 billion), marking its first quarterly profit drop in two years. However, it topped analyst&nbsp;estimates&nbsp;of 11.41 trillion yen. Sales volumes declined 20%.
The company reported 2.3 million vehicle sales for the quarter, down from 2.41 million a year ago. Toyota also cut its full-year vehicle production target to 10.85 million from 10.95 million.
Price Action: TM stock traded higher by 1.19% to $174.08 at the last check on Monday.
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<li><a href="https://www.benzinga.com/analyst-ratings/price-target/24/11/41851786/epam-inks-strategic-deals-enjoys-robust-tax-benefits-analyst" target="_blank" rel="noreferrer noopener">EPAM Inks Strategic Deals, Enjoys Robust Tax Benefits: Analyst</a></li>
</ul>
Image via Shutterstock

Media

Toyota To Make Strategic Shift In China, EVs

<a href="https://www.bloomberg.com/news/articles/2024-11-08/toyota-executive-lashes-out-at-us-regulations-promoting-ev-sales">https://www.bloomberg.com/news/articles/2024-11-08/toyota-executive-lashes-out-at-us-regulations-promoting-ev-sales</a>
&nbsp;
Toyota Motor Corp.'s North American chief operating officer criticized the US's policies promoting speedy adoption of electric vehicles, calling them "de facto mandates" out of sync with consumer demand.

Management

'Toyota Executive Lashes Out At U.S. Regulations Promoting EV Sales' - Bloomberg News

On Wednesday, Toyota Motor Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/tm#NYSE">TM</a>) issued its fiscal second quarter results, posting a weaker-than-expected profit due to production halts and macroeconomic events.&nbsp;&nbsp;Its smaller domestic rival, Honda Motor Co. Ltd. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/hmc#NYSE">HMC</a>) reported a surprising decrease in operating profit that was dragged down by a significant sales drop in China.
Honda&rsquo;s disappointing Q2 results reflect significant hit from unfavorable market conditions in China.
Honda reported that fiscal second quarter&nbsp;net profit contracted by 20%&nbsp;494.68 billion yen, equivalent to $3.26 billion with operating profit dropping 15% to 257.9 billion yen.
For the fiscal year that will March 2025, Honda now expects an even bigger net profit drop, increasing its prior guidance of a 9.7% fall to a 14% drop. While it previously expected to sell 3.9 million units&nbsp;during the fiscal year, it now lowered its guidance to 3.8 million&nbsp;as&nbsp;first-half group car sales dropped 8% to 1.78 million.&nbsp;During the six months that ended on September 30th, revenue still&nbsp;grew 12% so despite falling short of estimates, Honda remains optimistic.&nbsp;
<h3>Toyota&rsquo;s Fiscal Q2 Highlights</h3>
For the quarter that ended on September 30th, Toyota reported its operating income tumbled&nbsp;20% to 1.16 trillion yen which amounts to $7.81 billion, coming short of Bloomberg&rsquo;s estimate of 1.25 trillion yen. This was Toyota&rsquo;s first profit decline in two years and it is owed to weaker sales in its main market, North America.&nbsp;
The world&rsquo;s largest automaker by sales volume reported revenue of&nbsp;11.44 trillion&nbsp;&nbsp;yen, topping LSEG&rsquo;s consensus estimate of&nbsp;11.41 trillion yen while net profit attributable to company more than halved compared to last year&rsquo;s comparable quarter to 573.7 billion yen. Sales volume slipped to 2.3 million from 2023&rsquo;s comparable quarter when it amounted to 2.42 million units.&nbsp;
One should note that sales were up against 2023&rsquo;s record as Toyota benefited from pivoting towards hybrids over all-electric vehicles. Hybrid sales fell 35% YoY over the past six months, but Toyota still sold an impressive figure of 1.8 million units.
<h3>Toyota&#39;s Trimmed Guidance</h3>
Toyota lowered its prior sales forecast of 10.95 million units to 10.85 million. However, it reaffirmed its annual sales revenue guidance of 46.00 trillion yen and a net income of 3.57 trillion yen.&nbsp;
Overall, Toyota posted stable sales in a challenging macroenvironment. Despite&nbsp;surface-level weakness in unit sales and profitability, Toyota&rsquo;s latest report shows a relatively stable performance.&nbsp;
Historically, Toyota has a good track record when it comes to growth, but the EV era that is in the making brought its fair share of challenges which will undoubtedly continue to test Toyota&rsquo;s strength.
DISCLAIMER: This content is for informational purposes only. It is not intended as investing advice.
This article is from an unpaid external contributor. It does not represent Benzinga's reporting and has not been edited for content or accuracy.

Toyota And Honda's Profits Drop Due To Challenges In China

Toyota Motor Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TM#NYSE">TM</a>) reported second-quarter financial results before the market open on Wednesday. Here&#8217;s a rundown <a href="https://www.benzinga.com/news/earnings/24/11/41767933/toyota-motor-q2-sales-76-29b-beat-72-27b-estimate">of the report</a>. 
What Happened: Toyota reported second-quarter sales of 11.44 trillion yen ($76.29 billion), beating analyst <a href="https://www.benzinga.com/calendars/earnings">estimates</a> of 11.41 trillion yen. The company reported operating income of 1.15 trillion yen.
The second quarter marked Toyota&#8217;s first quarterly profit drop in two years, per Reuters. 
Sales volumes were down 20% year-over-year. The automaker reported 2.3 million vehicle sales for the quarter, compared to 2.41 million vehicles sales in the same period last year. Toyota also cut its full-year vehicle production target to 10.85 million from 10.95 million. 
Related Link: <a href="https://www.benzinga.com/markets/equities/24/11/41767527/tesla-stock-surges-over-13-in-premarket-what-is-going-on">Tesla Stock Surges Over 13% In Premarket: What Is Going On</a>
Toyota has been slower than competitors in making a shift to electric vehicles. Toyota chairman Akio Toyoda reportedly said an all-electric vehicle future would create significant job losses in the automotive industry.
"There are 5.5 million people involved in the automotive industry in Japan. Among them are those who have been doing engine-related (work) for a long time," he reportedly told reporters. 
"If electric vehicles simply become the only choice, including for our suppliers, those people's jobs would be lost."
Toyota raised its full-year dividend forecast to 90 yen and maintained its profit forecast for the current year at 4.3 trillion yen.
TM Price Action: At the time of publication, <a href="http://benzinga.com/quote/tm">Toyota shares</a> were down 0.62% at $173.64, according to data from <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>.
Image: Photo via Shutterstock

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