Elon Musk Says Tesla Will Never Make A Concept Car 'That Doesn't Become Reality' — X Users Remind Him Of Cyber ATV, New Roadster
Portfolio Pulse from Anan Ashraf
Elon Musk, CEO of Tesla Inc (NASDAQ:TSLA), stated on X (formerly Twitter) that Tesla will never create a concept car that doesn't become reality, highlighting the Cybertruck's delivery commencement in November 2023. Skepticism arose among X users, referencing the delayed second-generation Tesla Roadster, unveiled in 2017 with production now expected by the end of next year, and the Cyber ATV concept, which has yet to materialize.
February 19, 2024 | 6:27 am
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NEUTRAL IMPACT
Elon Musk's statement on Tesla's commitment to making concept cars a reality, coupled with skepticism from the public regarding the delayed Roadster and Cyber ATV, could influence investor sentiment.
Musk's reaffirmation of Tesla's commitment to its concept cars, such as the Cybertruck, which has begun deliveries, contrasts with skepticism regarding the delayed Roadster and Cyber ATV. This could lead to mixed investor sentiment, balancing optimism for Tesla's innovation with concerns over delays in product launches. The impact on TSLA stock in the short term is likely neutral as the market weighs these factors.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80