TSE:7203Auto
Is Toyota Motor (TSE:7203) Fully Valued Following Its Joby Air Taxi Venture?
Toyota Motor (TSE:7203) is stepping into air mobility through a new joint venture with Joby Aviation that will manufacture electric vertical take off and landing aircraft, putting the company’s production expertise to work in electric air taxis.
See our latest analysis for Toyota Motor.
Despite the air mobility joint venture and other recent developments such as new euro bond issues and an expanded Lexus marketing partnership, Toyota Motor’s recent momentum has softened. The share price is...