Toyota isn't so much pro-internal combustion as pro-hydrogen. They bet on the wrong horse -- a really stupid horse -- and it cost them heavily.

> They bet on the wrong horse -- a really stupid horse -- and it cost them heavily

How? Toyota has been the best selling automaker for the last six years straight:

https://www.reuters.com/business/autos-transportation/toyota...

In 2025 Toyota had record sales.

their total ledger might be fine but it's not like their R&D just came free out of the good will of thousands of people