Toyota(US:TM) The Motley Foolยท2024-10-03 20:07Group 1 - Toyota Motor's stock fell nearly 3% following news of a production delay and a significant investment in an air taxi company [1] - The delay in electric vehicle (EV) production in North America has been pushed to the first half of 2026, which is longer than previously anticipated [2] - The postponement is attributed to design adjustments and concerns over declining growth rates in EV sales, reflecting Toyota's cautious approach to the EV market [2] Group 2 - Toyota announced a $500 million investment in Joby Aviation, to be distributed in two equal tranches, aimed at supporting the certification and commercial production of electric air taxis [3] - There are concerns that Toyota's capital might be better allocated to current road vehicle initiatives rather than investing in air mobility projects [3]