In the continuing battle between Hybrid versus full EV, Toyota, Toyota seems to be in front on a relative strength basis.
TSLA vs TM:
Securities Trading
In the continuing battle between Hybrid versus full EV, Toyota, Toyota seems to be in front on a relative strength basis.
TSLA vs TM:
No new breakouts yesterday.
Showing the current status of the battle between TSLA and TM.
There were no breakout candidates today, but the Toyota EV strategy has been in the news recently. Toyota has stated that its move to total EV will be evolutionary in contrast to others.
I have shown the relative performance of TSLA vs TM in the following graph:
Prices are as of the close of Tuesday, June 20, 2023.
At the end of February 2023, I posted a thought on Tesla (TSLA) versus Toyota (TM).
At that time, TSLA ‘s price was doing pretty well in relation to TM and was continuing its positive momentum.
At the beginning of March, that relative price relationship changed and so did TSLA’s positive momentum.
The attached graph show where we are at the close of April 21, 2023.
On April 14th prior to earnings etc, the price started to go down.
Earnings were reported at the close on April 19, 2023.
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