Tesla Analyst Predicts Cybertruck's Price Range, And It Seems To Be Cheaper Than Ford F-150 Lightning: 'My Guess Is They Start With…'
Portfolio Pulse from Shanthi Rexaline
Tesla, Inc. (NASDAQ:TSLA) is nearing the commercial launch of its Cybertruck. Tesla investor and Future Fund Managing Partner Gary Black predicts three variants of the Cybertruck with prices ranging from $49,900 to $79,900. Black believes the Cybertruck will boost Tesla's volume growth, similar to the impact of the Model Y launch in 2020. He also mentioned that Ford Motor Co's (NYSE:F) F-150 Lightning lineup starts at $49,995, and its top-tier F-150 Lightning Platinum starts at $91,995.
September 07, 2023 | 5:54 am
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NEUTRAL IMPACT
Ford's F-150 Lightning lineup is mentioned as a competitor to Tesla's Cybertruck. The base trim starts at $49,995 and the top-tier F-150 Lightning Platinum starts at $91,995.
The mention of Ford's F-150 Lightning lineup provides a comparison to Tesla's Cybertruck. However, the impact on Ford's stock price is uncertain as it depends on how well the F-150 Lightning performs in the market compared to the Cybertruck.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
Tesla's upcoming Cybertruck is expected to boost the company's volume growth and could potentially impact the stock price.
The launch of the Cybertruck is a significant event for Tesla. If the Cybertruck performs as well as predicted, it could lead to increased sales and revenue for the company, potentially leading to a rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100