NAGOYA, Japan -- Toyota Motor earned less than a fifth in per-vehicle earnings compared with Tesla during the April-December period as Japan's giant automaker struggles to absorb rising costs.
EV maker catching up to Japan's top automaker in net profit
Tesla electric vehicles at a sales and service center in California. The U.S. EV maker has a limited lineup of just four high-end models. © Reuters
NAGOYA, Japan -- Toyota Motor earned less than a fifth in per-vehicle earnings compared with Tesla during the April-December period as Japan's giant automaker struggles to absorb rising costs.