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I need to walk back my assertion that Toyota’s supply will satisfy customer demand in 2024. The uncertainty seems to be related to electrification; there could be some wrinkles in Toyota’s strategy based on recent leadership changes and mixed messaging from executive leadership. System parts coming from shared suppliers are a big risk for production stability. Also, geopolitical instability is affecting everyone; I wouldn’t want to be betting on the direction of cold wars or tariffs.Toyota has the worlds finest production engineering acumen, and I expect supply will catch up with demand globally in 2024.