Company Of The Day: Toyota

+33.23%
Upside
157
Market
209
Trefis
TM: Toyota Motor logo
TM
Toyota Motor

What?

Toyota (NYSE:TM) unveiled its new home battery storage system which will go on sale in Japan in August. The system can store energy from solar panels and act as a backup power source during power outages.

So What?

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Although we don’t expect the product to move the needle for the company’s revenue in the near term, it does indicate that Toyota is getting more serious about battery development, which is key to its transition to electric vehicles.

See Our Complete Analysis For Toyota

What if you’re looking for a more balanced portfolio instead? Our high-quality portfolio and multi-strategy portfolio have beaten the market consistently since the end of 2016.

Returns Jun 2022
MTD [1]
2022
YTD [1]
2017-22
Total [2]
 TM Return -1% -11% 41%
 S&P 500 Return -1% -14% 84%
 Trefis Multi-Strategy Portfolio 1% -18% 224%

[1] Month-to-date and year-to-date as of 6/6/2022
[2] Cumulative total returns since the end of 2016

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