This article is not perfect in a few ways. First, it could have better compared the slump to the overall auto market. For example, CarMax stock plummeted at th

This article is not perfect in a few ways. First, it could have better compared the slump to the overall auto market. For example, CarMax stock plummeted at the news of slow sales: https://www.fool.com/investing/2023/09/28/why-carmax-stock-crashed-98-today/ https://www.fool.com/investing/2023/09/28/why-carmax-stock-c... Higher interest rates broadly hurt automotive sales. Taking a quick look online, I see 6.5% loans for Tesla Model Y. That's like increasing the sticker price by almost $9,000 compared to 0% financing. People shop for cars on monthly payment, and high interest rates incentivize shortening loan term length. Second, the article contrasts Toyota's shortage of hybrids with its inability to move EVs. That's because Toyota's EVs aren't competitive. Nobody should buy the bz4x. As for why Toyota can't stock enough Hybrids, I have no idea why that is. I also think that anyone buying a Toyota probably should buy a Hybrid. It's kind of a no-brainer for that brand. I don't think that any of the data shown in the article has a great story around customers being cool on EVs in general.