'Tesla Taps European Stainless Steel Producer For Long-Awaited Cybertruck' - Bloomberg
Portfolio Pulse from Benzinga Newsdesk
Tesla Inc. has reportedly chosen a European stainless steel producer to supply the material for its long-awaited Cybertruck, according to sources familiar with the matter. The name of the steel producer has not been disclosed.
October 11, 2023 | 7:15 pm
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Tesla's decision to partner with a European stainless steel producer for its Cybertruck could potentially speed up the production process and bring the vehicle to market sooner.
The partnership with a steel producer indicates progress in the production of the Cybertruck, which could positively impact investor sentiment and potentially drive Tesla's stock price up in the short term.
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