Tesla's Cybertruck Is On Its Way: 'Foundation Series' Order Holders Prompted To Prepare For Delivery
Portfolio Pulse from Benzinga Neuro
Tesla Inc. (NASDAQ:TSLA) has begun prompting customers who ordered the 'Foundation Series' Cybertruck to prepare for delivery, indicating that public deliveries may start sooner than expected. The fully-equipped Cybertruck, priced at $120,000, includes features like all-terrain tires and full self-driving capability. Initial deliveries have been made to VIPs, and broader public deliveries are expected to begin with possible dates in December for Texas and California. The Cybertruck has also qualified for a $7,500 federal tax credit for 2023.
December 11, 2023 | 5:24 am
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Tesla is alerting customers to prepare for the delivery of the 'Foundation Series' Cybertruck, suggesting an earlier-than-expected start to public deliveries. The Cybertruck's eligibility for a federal tax credit could boost its appeal.
The news of the Cybertruck nearing delivery is a positive development for Tesla, likely to generate excitement among investors and customers. The federal tax credit enhances the vehicle's value proposition, potentially increasing demand and positively impacting Tesla's stock in the short term.
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