For most people hybrids are a perfect blend. Toyota is the king of hybrids

Unbelievable. Consumers want reliable transportation that's economical and inexpensive to maintain. If only other manufacturers focused on this.

My local Toyota dealership has about 10 new cars on it's lot. That doesn't mean that their not selling cars. Most of the the new cars are already sold before they reach the dealership.

I rented a Crown XLE with the base hybrid drivetrain for a week. I could not drop the average MPG below 42 mpg. The highest average MPG was 48 mpg which was impressive for a large midsize vehicle priced at $42K. Very quiet and good performance.

Bought a 24 Toyota Corolla Hybrid LE for 22k OTD l! I have 893 miles with first full tank of gas! $30 full tank and loving it. Toyota surely knows how to make a hybrid!

Tesla is struggling because: 1. The majority of people that wanted one, got one. 2. The vast majority of the public can't afford one. 3. Insurance on Tesla's has gone up significantly due to their repair costs. 4. Most people don't live in a location where charging is easily available. 5. Most people don't like Elon Musk. 6. Quality control issues. 7. Government incentives and rebates have gone away in many states and provinces. 8. Poor resale value (market is flooded currently). Toyota is prospering because: 1. The majority of people can't afford to buy a new vehicle every 2-3 years anymore, so they are having to compromise and ensure what they DO get is something they can keep for possibly 10 years and work well (reliability). 2. Hybrid is a seamless option to get better fuel economy and it's not that much more $. 3. Insurance is lower. 4. Good quality control. 5. Brand reputation in general. 6. Dealer network for servicing. 7. Good resale value. Always has and likely always will. 8. Supply parts stock (reduced wait time for repairs vs Tesla).

My Dad always say......." STICK WITH TOYOTA son........"

A plug in option for the Landcruiser, Tacoma, and/or 4Runner would be sweet.

going to pick up my new RX this Friday :) waited for 4.5 months

Bought a Tundra hybrid last week. Big dealer discount and 2.25% interest.

I feel like Toyotas results are simply due to an increased supply. For most models they sell as many as they make, so sales figures are really just dependent on the supply.

An interesting bit on the Supra, there are none at dealers. There is not a single new Supra for sale within 500 miles of me, and I am in California where we have a metric ton of Toyota dealers. As far as I can tell, they aren't building them.

I drive a petrol car for the moment but i am considering, in the future, to replace it with something more economical. And it is going to be probably a hybrid and not an EV. It make more sense for a a variety of traffic condition, you are not dependent of the charging stations , and it has good fuel consumption/power. it can be a Toyota, Hyundai and so on. My problem with Tesla is that : a ) why do I need such a powerful car for day to day driving? b) I can really see any service/dealer on the road. If o have a problem with the car what is going to happens? But for the moment this are still rhetorical questions. The sound of a powerful petrol engine is still the best coffee in the morning.

As much as I like to dunk on Tesla, we have to bear in mind that Toyota suffered greatly from supply chain issues due to the "pandemic" (which, the pandemic didn't cause, our ridiculous reaction to the pandemic caused the supply chain issues).

Unless Tesla's loses shifted to other EV manufacturers, I seriously doubt a significant portion of those loses were due to Elon Musk. I think most people who want an EV have one and that is catching up with Telsa now.

Toyota should have made the Supra Hybrid!!!!! 🤣😂 Toyota is laughing 😂 all the way to the bank 🏦

Once the hydrid tacoma drops, i expect it to pick up more sales.

Love the quarterly report videos! Keep them up please!

Great overview, guys. One thing worth noting is that you are looking at Toyota's U.S.-market delivery summary. During the overview, you then look at Tesla's GLOBAL delivery summary. All of your points are valid, but comparing the numbers that Tesla offers (globally) incorrectly significantly inflates the brand's apparent volume when you are discussing just the U.S. market. Keep the great stuff coming.

Toyota here saving us again!!!!! Thank you!!!!

This month I'm about to get a Subaru Solterra, made by Toyota. Chalk another one up for Toyota Manufacturing of Japan. Discounts EV incentives (B.C. Canada) and 1.5% over 84 months is hard to say no to.

My wife has her 2022 RAV4 hybrid and loves it! 40mpg on a small 13gallon tank can last her two weeks solid! Great job Toyota 🙌🏼

Another point you forgot to mention. The Tesla has more competitors in the EV segment and some people are not interested in an bland and boring design. For example, in our market, the EQE, i4 and ID7 outsells the Model S, the EV9 and BMW iX outsells the Model X and the Enyaq outsells the Model Y to date in 2024.

Andre, what are you getting in place of your Colorado? I saw the video with you and Nathan about selling your vehicles

Q: Were Tesla numbers global and Toyota global? I ask as interesting things are happen in some of the global markets and the Tesla numbers seem to be global and Toyota is North America only.

Toyota officially said Rather than replacing one of the 100 internal combustion vehicles with a BEV, replacing it with 90 HVs that can be made with the same battery capacity can reduce co2 by 30 times. One BEV battery is equivalent to 90 HVs.

@TFL When you say a manufacturer 'sold' X number of vehicles, does that mean they shipped (sold) them to dealers, or are these actually sold, registered and titled, to end buyers?

👍🏼 love the video. I enjoy a nice hybrid but I’m going diesel!

Keep in mind that last year (2023), Toyota was hindered by a parts/component shortage caused by covid in 2022. They throttled down the production of nearly every vehicle and that is clearly seen in the quarterly number across the board for Toyota. The huge jump you're seeing is most likely due to the lower numbers last year. Also, do not discount the fact that it is the last model year of the 4Runner after 14 years of production. People who love these vehicles are likely trading in older ones, or getting into a 2024 so they can enjoy another 10+ years of quality, and reliable ownership.

I’d love to pick up a 4Runner but the prices are 10k more than a year ago…to rich for me

Way to go mr supervisor tommy this year your doing outstanding with the leadership role by the way how have you never done a long term review of a RAV4. Bud

Toyota has two plug in hybrid models in their entire fleet. Until very recently they didn’t actually manufacture very many of either. Two years ago we wanted a RAV4 Prime but after a year of waiting we gave up and bought an Ioniq 5. We have been very happy with it. The media EV hysteria seems vastly over inflated.

Toyota has to do well in the US market they were way down in the Chinese market where 48% of all vehicles sold in Q1 were EVs.

As long as the gas prices are below $4 per gallon nationwide, the gas cars will sell. When the gas goes up to $6-$7 we will see a different picture. The reason Toyota is selling better than the other gas car makers is that their products are more reliable. With prices of a new vehicle so high now, the consumer is looking to buy something which will hold on longer. This is a trend which will continue to exist for some time.

I prefer plugin hybird , 🤷🏻‍♂️

So the reason Toyota Tacoma sales dropped so significantly (70 percent) was because it was a redesign shift into production but Teslas (7 percent) sales drop when shifting over production of their second most popular model was due to Elon? Yeah right….

No wonder 4Runner sales keep growing, may be people like myself buying 4Runners for entire family?

Not surprised about Tesla, their quality control is disastrous. There’s better built EV’s from other manufacturers.

Ev's will always be held back until there's enough charging infrastructure so that apartment dwellers can use them (no home or work charging)

I think Toyota is kicking butt because they are the only company that didn’t jack up the prizes. Tesla really has no new vehicle so no need to buy and sell.

A small but not insignificant percentage of people that bought Tesla when they were the only game in town are less interested to buy another one with more competition and the rhetoric

Good to see people increasingly rejecting EV's

Evs are wack

Will be very interesting to see what happens with Ram REVolution vs Ramcharger.

All Toyota sales slumps is all due to the BS dealerships put consumers through.

Automakers went too mainstream too fast on EVs, the market for $40-50k EV midsize crossovers is saturated, the one for luxury lifestyle EV pickups just isn't there yet. Meanwhile the bestselling legacy-automaker EV last year was the Chevy Bolt and they discontinued it.

I think part of Tesla being down is rental fleets are no longer buying them bc of the upkeep.

New Camry will begin customer production next week.

I think people are really worried that the new 4runner will be too big of a departure from what it is, I.e.maybe no roll down rear window, turbo 4cyl, might not be made in Japan, etc.

The 4Runner is up because people just want stuff that works and makes sense

It would be great if you spent 20 seconds reviewing ALL car manufacturer sales for Q1-24. We would see that most BEV manufacturers are suffering… especially startups. Legacy manufacturers ain’t doing well either. BYD went down significantly from their high in Q4-23. Considering the intro of a new model 3 (ramp up!), a terrorist attack in Germany against Tesla, Union issues in Scandinavia, the inability to move cars from China to EU due to the Houtis. It’s not great but not a total disaster. The ramp of the cybertruck is to be expected due to all the new tech implemented… I find it hard to understand your logic regarding the cybertruck NOT selling well?!? And in the next sentence you say they are hard to get!?!… with over 2,000,000 reservations… please explain your logic.

You're right about Musk's rhetoric. That's the reason I crossed Tesla off my list. I'm sure I'm not alone.

I drive 23 rav4 and many times I see rav4's in front, rear, right and left of me going in a diamond pattern on the freeway. Lol. A reason why I paid extra for xse trim to be bit different but it's still the rav4. 😁

Those that want reliability and simplicity will buy an old design. Toyota knows this which is why they don't do refreshes every other year. Add to that the claim to fuel efficiency with high gas prices, and it's not hard to see why people buy them.

I'm no Tesla fan. Drove one of those POS for almost a year, but I think people don't want to buy a Tesla when the refresh is just coming out and they probably weren't available during the time of the decrease of sales. People that want those crap cars probably want to wait for the 2024 models. Also, since Tesla is opening their network, people are probably choosing other vehicles now that they have more of a choice. People are also choosing hybrid because there just aren't enough charging stations. Building of stations isn't keeping up with demand.

@8:47 "I think most of the LCs are bought by our friend James" Blue cars are my weakness! :-)

I just drove past a train storage yard in Bensenville Il and there were hundreds of new Tacomas stretching for blocks.

Gangbusters is the word of the day at TFL today

Range anxiety is not an issue with a hybrid. Elon’s mouth is an issue.

Completely agree with TFL as far as elon's antics. I was planning on buying a Tesla before Elon got involved in politics.

I get 43 mpg in my 2020 Camry hybrid on fast So CA freeways. Just wish Toyota prices weren’t at such a premium else I’d swap my Ram diesel for a Tundra or 4Runner.

The model y sales is slowing because many are waiting on the new version. Also, everyone want the cybertruck. If Tesla is able to make 250k a year they would be up.

My 2015 Lexus RX450h gets an average of 29 mpg in town and 33 to 35mpg on highway.

are those toyota sales numbers compared to last year? because they were not getting any cars last year. I had to buy my lease, because I waited a year to get a new model to replace the lease last year, without success. so I'm sure their sales numbers were way down last year.

No one seems to be talking about the Tesla Phantom Braking problem. I like Teslas and have been considering changing from my Toyota to a Tesla Model Y, but I draw the line at safety. The phantom braking is a deal breaker for me and I don’t have that issue in my Toyota. I experienced phantom braking in a past Nissan product we had and I vowed never to get another Nissan product especially because of the phantom braking problem. Toyota reliability can’t beat that peace of mind.

All the Tesla fans already bought and overpaid for their vehicles, the rest of us can’t be convinced to give Elon musk our money.

The 4Runner is a cockroach, and that's why people want them.

The 4 runner is up 70% because nobody wants a turbo 4. LOL.

Came here for hyper sensitive comments from Tesla Cultists. Not disappointed.

Im not buying a vehicle with a turbo or traditional CVT. Currently have a Highlander with a V6, but the new Highlander's turbo 4 takes it off the list. Dont like how Honda/Acura's 3.5L v6 is still sporting timing belts. What is up with that Honda? This makes options very limited with the RAV4, 4Runner or a hybrid with a eCVT as options.

tesla missed their mark because of new model 3 production isuses. all white interrior orders are delayed in US.

I'd be interested in the Tacoma sales going forward to see how the market accepts those. I would have loved to buy a new one with a 6-cyl or 4 cyl engine but nix'd that idea when it came out with a turbo 4cyl only. Nope, don't want that. I also don't want a hybrid model. Maybe that's why the 4-Runner is selling like gangbusters? Right now I'm thinking of buying a new Camry before the 2025 'hybrid-only' platform comes out.

The 4runner 70% increase is misleading, look at the sales numbers for all years, 2023 was anomalous and low compared to 2022 and before. it looks more like they were just able to get manufacturing recovered to normal, not additional demand

Early Ev adopters live in Delulu land now it’s pain in the as$ to find a charger which works and tesla also has own limitations they don’t do any mass manufacturing of Trucks & Suv’s segment which controls 75% in US markets instead they just eat some market share of Japanese economical cars.

I think cars 🚗 maker of the world 🌎🌍 are making a mistake 😭 when does Toyota start making hybrids 20 some years ago Now everyone try to catch up the Toyota it is probably too late

Tesla is doomed and was never intended to be a big player in cars over the long haul. 10 years and they'll be non- existent. Toyota knew this would happen and sat back and watched.

Maybe we've hit peak EV for this decade? Nothing against them specifically, but they just don't make allot of sense for most consumers at this time. TOYOTA saw this several years ago and played it right with their hybrid strategy. ICE powered vehicles will disappear when they're legislated out of existence.

I have 2 Teslas, 2 GMCs, and a Chrysler (yes big family)... Teslas are great vehicles, but I do live in CA where the gas is high and infrastructure favors EVs. But hybrids are the best all around value, best of both worlds for most. But Elon Musk vowed to reduce EV pricing, and he is doing that. Now, at least some used EVs will be affordable for those who want them. I personally can't wait for the Ramcharger HD!!!

If someone needs a mid size truck, 3row SUV, there is no affordable EV option.

Tesla had logistics issues that drove inventory higher and numbers lower. During the Red Sea incident, Tesla kept producing units instead of hitting the pause button, which will show in the next quarter's sales. They had a terrorist attack that shut down a whole factory. China sales were off because of the New Year and its an historically slow sales quarter, yet they still trounced BYD.

I said a couple of months ago that Toyota and their hybrids will steam role everyone. It's starting to happen.

I don't think its Elon so much as people are deciding to go back to the tried and true. And why not? During this last bitter cold snap it seems alot of EV cars had alot of trouble. Meanwhile old school tried and true kept working. Also people are tired of the EV thing being shoved down our throat. It almost feels like the political branch is shoving the EV down our throat by force.

Everyone wants a Supra but they're just too expensive for the demographic.

I’ll buy an electrified vehicle eventually, but it will never be a Tesla.

This is the least surprising update ever. It was a matter of time before all the fanboys get their teslas and then sales start to drop because 1) They cost too much 2) The charging infrastructure is STILL trash 3) The tech is improving so quickly that in 5 years they'll be 1000 mile ranges and your 300 mile range rolling ipad won't be worth spit. Stocks been a joke and remains a joke.

I used to think I wanted a Tesla but Elon went insane so now that I can actually afford an EV, I’m going Rivian.

Akio Toyoda "haha told you so!'

Toyota throwing money at their two prong marketing campaign is paying off, 1) boost HEVs and 2) slow telsa EV momentum in US. Amazingly this stop gap strategy is working. Elon antic's? One of the best CEOs in the world.

economy is down and tech layoffs.

You had to just plug the “Elon’s rhetoric/antics may contribute to slow sales” Cmon man, that’s what Dems in Boulder would def say.Everyone that can afford/want it already bought them 💯.

Tommy,where is YOUR EV.

Tesla's path resembles that of Nissan Leaf.

But but “toyota gonna be like KoDak” Remember those original comments? Oh wait theres still more using that comment.😂

ICE cars produce less emissions than they ever have. Evs can be a niche but won't be mainstream. Toyota is as smart as stellantis is dumb. There could be hybrid V8s as well. I don't agree with toyota eliminating v8s but otherwise they are being very smart and know where the market could go.

And this is why Cathie Wood's New $80 Million Tesla Bet Brighter with Herbert

Because they are not supras.

We will NEVER buy a Tesla. End of story.

toyota had no cars to sell last few years and huge wait times, this is just people finally getting their car, using percentages is wack, bz4x up 13% wooo... oh wait they only sold 800 💀💀

Did anyone at TFL think to look into why tesla numbers were different in the first quarter??? Please stop doing this half baked reporting 😅

Man. I wish I could get my hands on a 4runner!