7203.T is trading 3.8% down today at ¥2,928 following reports that Toyota is halting a next-generation EV project and delaying its domestic gigacasting-based platform.
- The stock faces additional pressure from ongoing recall headlines and sales headwinds, contributing to a soft week for the automaker.
- Investors appear to be recalibrating expectations amid mixed signals, weighing these strategic delays against expansion news such as a proposed $2 billion investment in Texas.