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...Toyota, too, is working on the same technique as it aims for a massive ramp-up of EV production....
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...Yet the company increased output, sales soared, and shares rose past those in Toyota, topping $1tn in overall market value....
...Today, Toyota has risen to become the world’s largest carmaker by sales and the most valuable company in Japan....
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...Its market value was greater than its five biggest rivals—Toyota, Volkswagen, Daimler, Ford, and GM—combined....
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...Tesla has an unofficial target of selling 20mn vehicles a year by 2030, an ambitious goal that would make it larger than industry leaders Toyota and Volkswagen combined....
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