'Tesla plans for 375,000 Cybertrucks per year, will have release candidates by late August' -Electrek Report
Portfolio Pulse from Benzinga Newsdesk
Tesla plans to produce 375,000 Cybertrucks per year and will have release candidates ready by late August, according to an Electrek report.
June 08, 2023 | 3:29 pm
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POSITIVE IMPACT
Tesla's ambitious production target of 375,000 Cybertrucks per year and release candidates by late August may positively impact its stock price.
Tesla's ambitious production target for the Cybertruck indicates strong demand and potential for increased revenue. The release candidates by late August show progress in the development process, which may positively impact investor sentiment and the stock price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100