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A yellow 1999 Plymouth Prowler convertible in front of a vintage biplane.
A 1999 Plymouth Prowler.
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A  graphic of Elon Musk surrounded by workers walking through exit doors.
Tesla has sent out layoff notices in waves in recent weeks.
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Toyota Camry
Toyota has reaped the benefits of its hybrid-friendly lineup.
  • Hybrid sales are booming in the US. 
  • Once dismissed as a "phase," many drivers are now choosing them over EVs.
  • One Toyota exec told BI there are "no compromises" to buying a hybrid anymore. 

Hybrids are having a moment.

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Two Teslas outside dealership
Tesla's update is available for the Model S and X made after 2021, and the upgraded Model 3.
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Activists protest against the expansion of the Tesla Gigafactory in Grünheide.
Activists protest against the expansion of the Tesla Gigafactory in Grünheide.
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Lucid CEO Peter Rawlinson
Lucid CEO Peter Rawlinson.
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A worker of luggage service at the Sheremetyevo International Airport in Moscow, Russia
An employee at Sheremetyevo International Airport in Moscow, Russia, on July 8, 2019.
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Elon Musk
Elon Musk is CEO of Tesla.