Tesla CEO Elon Musk Gives Fresh Timeline For FSD Access On Cybertruck, Says 'It Should Be Coming Out In August'
Portfolio Pulse from Anan Ashraf
Tesla CEO Elon Musk announced that the Cybertruck will receive access to the Full Self-Driving (FSD) technology in August. The company is currently testing the update to ensure its capabilities before rolling it out. Tesla aims to ramp up Cybertruck production to deliver 250,000 units annually starting in 2025.
July 29, 2024 | 8:31 am
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POSITIVE IMPACT
Tesla's announcement of FSD access for Cybertruck in August could boost investor confidence and drive short-term stock price gains. The company's efforts to ramp up production and achieve profitability by the end of the year are also positive indicators.
The announcement of FSD access for Cybertruck addresses customer demand and showcases Tesla's technological advancements. Additionally, the production ramp-up and profitability goals are likely to positively impact investor sentiment and drive short-term stock price gains.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100