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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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
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