Toyota and Ford Surge in EV and Hybrid Markets Amid Tesla's Struggles

Toyota's shares rise by 32% as it capitalizes on the EV price war, while Ford reports a 6.8% increase in sales, driven by hybrid and electric vehicles.

Toyota's stock climbs 32% year to date, outperforming Tesla which sees a 33% decline amid production and shipping challenges.
Ford's sales grow 6.8% in the first quarter, with hybrid and electric vehicles leading the surge, marking the company's best quarter ever in hybrid sales.
Toyota benefits from a favorable emissions policy and a global price war in the EV market, positioning itself strongly against competitors.
Fisker faces mounting challenges with a third NHTSA probe into the Ocean SUV, casting shadows over its future in the electric vehicle space.
General Motors begins shipping cells for its EVs from the new battery plant in Tennessee, signaling a ramp-up in its electric vehicle production.