Amid Reports Of Cybertruck's Struggles In Winter, Elon Musk Says 'Tesla Is Excellent In Snow'
Portfolio Pulse from Anan Ashraf
Tesla CEO Elon Musk has responded to concerns about the Cybertruck's performance in snow, stating 'Tesla is excellent in snow.' This comes after videos surfaced online showing the Cybertruck struggling in snowy conditions. Gene Munster from Deepwater Asset Management commented on CNBC that he believes Tesla will resolve the issue, suggesting that a software update or tire tweak might be necessary for the Cybertruck to succeed in snowy regions. Tesla aims to deliver 250,000 Cybertrucks annually.
January 15, 2024 | 3:05 am
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Elon Musk's statement on Tesla's performance in snow aims to mitigate concerns raised by videos of the Cybertruck struggling in winter conditions. Gene Munster's optimistic outlook on Tesla's ability to address the issue may reassure investors.
Musk's comments are a direct response to negative publicity, which could help stabilize investor sentiment. However, the actual impact on the stock will depend on Tesla's actions to address the Cybertruck's winter performance issues and the market's perception of the effectiveness of these measures.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100