Tesla Cybertruck Woes Continue? Another Alleged Breakdown During Testing Adds To Ongoing Saga
Portfolio Pulse from Ananya Gairola
Another alleged breakdown of Tesla's Cybertruck during testing has been reported, adding to previous incidents. The vehicle was spotted on the side of the road, with a Tesla employee seen working under the hood. Despite these incidents, it is normal for vehicles to break down during testing phases. Tesla CEO Elon Musk has previously stated that the Cybertruck could function as an off-road vehicle and adjustments were being made to the vehicle's air suspension system.
August 12, 2023 | 1:11 pm
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The reported breakdown of Tesla's Cybertruck during testing could raise concerns among investors and potential customers. However, such incidents are common during the testing phase of new vehicles.
The news of the Cybertruck's breakdown during testing could negatively impact Tesla's stock in the short term as it may raise concerns about the vehicle's reliability. However, it's important to note that such incidents are common during the testing phase of new vehicles, and it does not necessarily indicate a fundamental issue with the Cybertruck. The final impact will depend on how Tesla addresses these incidents and reassures its investors and potential customers.
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