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Thoughts on Toyota and Tesla’s newfound successes in 2021
The only reason why Toyota $TM was able to sell more cars than $GM in the US in 2021 was because they navigated through the chip shortage and supply chain issues better than General Motors.

Also, I’ve noticed that Toyota does more manufacturing of its vehicles in the US than General Motors and other US-based automakers (except $TSLA).

On a similar note, Tesla grew its deliveries amid the challenges that 2021 brought to the auto industry.

It goes to show that automakers that choose to produce their vehicles domestically will do better than automakers that choose to produce vehicles in foreign countries.

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