Tesla Vehicle For Kids: Cyberquad Launches In Europe — Here's How Much It Costs, The Details
Portfolio Pulse from Chris Katje
Tesla Inc (NASDAQ:TSLA) has launched the Cyberquad, a small electric toy version of the Cybertruck, in Europe. The vehicle, recommended for children aged 8 to 12, sold out in the U.S. in under 24 hours but was later recalled and banned in October 2022. The Cyberquad is now available in the Tesla online store for Europe at a price of 1,990 Euros, or around $2,105 in U.S. dollars.
October 17, 2023 | 9:33 pm
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Tesla's launch of the Cyberquad in Europe could potentially boost its revenues and brand visibility. However, the previous recall and ban in the U.S. may raise concerns about the product's safety.
The launch of the Cyberquad in Europe could potentially increase Tesla's revenues and enhance its brand visibility among younger consumers. However, the previous recall and ban of the product in the U.S. may raise concerns about its safety, which could potentially impact the company's reputation and stock price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100