Elon Musk dismissed hybrids as a “phase,” while Toyota doubled down on them. Now they are a “hot market” as demand for electric vehicles declines – Fortune
Elon Musk, CEO of Tesla. ODD ANDERSEN/AFP via Getty Images Elon Musk, CEO of Tesla, doesn’t think much of hybrid vehicles. Last year he did dismissed her as a “phase” and said it was “time to move on.” But Toyota has stepped up its game again – and this step has proven to be groundbreaking. … [Read more…]