'Tesla Hasn't Issued Final Pricing Or Specs For Cybertruck As Musk Memo Warns Of Manufacturing Challenges' - CNBC
Portfolio Pulse from Happy Mohamed
Tesla CEO Elon Musk has warned of manufacturing challenges for the company's long-delayed Cybertruck, stating that its design makes small flaws highly visible. Despite promoting the vehicle on social media, Tesla has not yet confirmed the final pricing or specs for the Cybertruck. In a recent financial disclosure, Tesla stated that Cybertruck production was not yet active and the company was still working on tooling. Shares of Tesla dipped slightly following Musk's comments.
August 24, 2023 | 5:22 pm
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NEGATIVE IMPACT
Tesla's Cybertruck faces manufacturing challenges, which could potentially delay its production. The company has not yet confirmed the final pricing or specs for the vehicle. This uncertainty may have contributed to a slight dip in Tesla's share price.
The news about manufacturing challenges for Tesla's Cybertruck could potentially delay its production, which may negatively impact investor sentiment and cause a decrease in Tesla's share price. The lack of confirmed pricing and specs for the vehicle adds to this uncertainty.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100