Tesla Cybertruck Races World War 2-Era Fighter Plane At Orlando Air Show — Did It Win?
Portfolio Pulse from Anan Ashraf
At the Orlando Airshow, Tesla's Cybertruck raced against a World War 2-era QuickSilver P-51 Mustang and was defeated, as expected due to the vast difference in top speeds. Despite the loss, Tesla CEO Elon Musk reacted positively, calling it 'cool.' Additionally, Tesla recently recalled 3,878 Cybertruck vehicles due to concerns over unintentional acceleration, with plans to repair or replace the accelerator pedal assembly at no cost. Tesla aims to ramp up Cybertruck production to deliver 250,000 units annually by 2025.
April 26, 2024 | 11:53 am
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Tesla's Cybertruck lost a race against a WW2-era fighter plane, which Elon Musk found 'cool.' The company also recalled 3,878 Cybertrucks due to unintentional acceleration, planning to fix the issue at no cost. Tesla is working towards producing 250,000 Cybertrucks annually by 2025.
The race event, while not directly impacting Tesla's financials, serves as a marketing moment that could influence public perception positively, as indicated by Elon Musk's response. The recall, however, could have a mixed impact. On one hand, it highlights potential quality control issues, but on the other, Tesla's proactive approach to fixing the problem could maintain or even boost consumer trust. The ambitious production goal for the Cybertruck underscores Tesla's commitment to scaling its operations, which could be seen positively by investors.
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