> Toyota's net income far exceeds Tesla's
Far exceeds? It is only 5% higher so that's a bit of a stretch ($22.4bn vs $21.4bn).
Plus Toyota had shrunk it's net income from 20/21 to 21/22, while it was a 116.86% increase for Tesla, so it would need an optimistic person to think that Tesla hasn't already overtaken in the last few months since 21/22 year end.