The Day will come when EV’s are good for nothing but lawn ornaments. The way things are going I don’t expect the lights to be on forever.
In 20 years it is almost certain that EVs will be 25% of the cars sold, and could be 75%.
Even at the low end it gives Tesla a good chance of becoming the world’s most valuable company.
Even at the high end there is still a decent market for ICE vehicles and hybrids and Toyota is smart to be the only major to not abandon those options.