Tesla Delays Elon Musk's Timeline Yet Again For Cybertruck FSD Rollout, This Time To September
Portfolio Pulse from Anan Ashraf
Tesla has delayed the rollout of its full self-driving (FSD) technology for the Cybertruck to September, according to senior executive Ashok Elluswamy. The initial release will include parking assistance features, with FSD following later. This marks another delay from previous timelines set by CEO Elon Musk.
August 22, 2024 | 6:00 am
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Tesla has delayed the rollout of its full self-driving (FSD) technology for the Cybertruck to September. This delay follows previous timeline shifts by CEO Elon Musk, potentially affecting investor confidence and short-term stock performance.
The delay in the FSD rollout for the Cybertruck could negatively impact Tesla's stock in the short term as it reflects another missed timeline by Elon Musk. Investors may view this as a sign of potential challenges in delivering promised technology, affecting confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100