Tesla CEO Elon Musk Fuels Excitement Around Cybertruck, Says Will Announce Delivery Date, Specs Once 'Ready'
Portfolio Pulse from Anan Ashraf
Tesla CEO Elon Musk has stated that the company will announce the delivery event for the Cybertruck once it is ready. The Cybertruck, which Musk describes as an 'extremely difficult' product to build, has seen high anticipation since its unveiling in 2019. As of November last year, the Cybertruck had crossed 1.5 million pre-orders and is nearing 2 million units according to a crowd-sourced reservation tracker.
August 24, 2023 | 3:05 am
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POSITIVE IMPACT
The announcement of the Cybertruck delivery event could potentially boost Tesla's stock price due to the high anticipation and pre-orders for the vehicle.
The high anticipation and nearly 2 million pre-orders for the Cybertruck indicate strong consumer interest in the product. Once Tesla announces the delivery event, this could potentially translate into increased investor confidence and a boost in Tesla's stock price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100