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Toyota 'Exploring Rockets,' Kick Off Inventor City: Automaker Ready To Take On Elon Musk

Benzinga ·  Jan 8 08:01

AutomakerToyota Motor Corp(NYSE:TM) made its presence at the 2025 CES conference felt announcing new plans for the space sector and an update on its city for inventors.

From Cars to Rockets: Toyota might be following in the footsteps ofTesla Inc(NASDAQ:TSLA) CEOElon Muskby also getting into the space sector, which was one of the hottest areas for investors in 2024.

Toyota chairmanAkio Toyodasaid the company is looking to the space sector as one of its examples of "invention by multiplication," while speaking at CES.

"When it comes to what's possible when you...

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