Fancy A Spin In A Cybertruck? Rent One On Turo For $1000 A Day
Portfolio Pulse from Anan Ashraf
Tesla Inc's (NASDAQ:TSLA) Cybertruck is now available for rent on Turo, with listings in Texas and San Jose, California, at around $1000 a day. Tesla began delivering Cybertrucks on Nov. 30, but specific sales figures are unclear as they are grouped with Model S and X deliveries. Over a million reservations have been made, with full production expected by 2025. The base model price starts at $79,990, with a cheaper version coming in 2025.
January 20, 2024 | 5:57 am
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POSITIVE IMPACT
Tesla's Cybertruck is now rentable on Turo, indicating strong interest and potential for increased brand exposure. Deliveries have started, and the vehicle has over a million reservations, suggesting robust demand.
The availability of the Cybertruck for rent on Turo could lead to increased visibility and interest in the vehicle, potentially translating to more reservations and sales. The high number of reservations and the start of deliveries are positive indicators for demand, which could positively impact Tesla's stock price in the short term.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80