Shares gained 1% to $416.70 on Friday, even as Toyota fell 2.2% after forecasting fiscal 2027 operating profit of about $19bn, well below Wall Street's roughly $30bn estimate.
Toyota said tariffs cut operating income by almost $9bn, while higher oil prices, geopolitical tensions and softer demand weighed on its outlook despite fiscal 2026 vehicle sales rising 2.5% to 11.3 million.
Tesla's shares have increasingly tracked AI-related expectations, including Austin robotaxi expansion and Optimus development, though cars remain its main business; the stock was down 8% this year and 45% over 12 months.
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