Tesla Cybertruck 'Crab-Walk' Ability Spied In New Video
Portfolio Pulse from Benzinga EV Insights
A new video shows Tesla's Cybertruck demonstrating its 'crab-walk' ability, which allows the vehicle to move diagonally. This feature has also been seen in General Motors' Hummer EV. The Cybertruck's delivery date is set for November 30, but many details about the vehicle, including its price and driving range, remain unknown.
November 01, 2023 | 11:58 pm
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The 'crab-walk' feature is also present in General Motors' Hummer EV, which could increase competition for Tesla's Cybertruck.
The presence of the 'crab-walk' feature in GM's Hummer EV could increase competition for Tesla's Cybertruck. However, the impact on GM's stock is uncertain as it will depend on how the market perceives the competition between the two vehicles.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 20
POSITIVE IMPACT
The new 'crab-walk' feature of Tesla's Cybertruck could increase its appeal, potentially boosting Tesla's stock in the short term.
The 'crab-walk' feature could make the Cybertruck more appealing to potential buyers, which could increase sales and positively impact Tesla's stock price. However, many details about the vehicle remain unknown, which could introduce some uncertainty.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80