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Tesla's Cybertruck Has a Demand Problem


As recently as a year ago, (NASDAQ: TSLA) was expecting to sell over 200,000 vehicles annually in 2025. It doesn't look like the company has the demand to do that as indicated by the 2 million reservation holders failing to book their Cybertrucks. Travis Hoium shows why this will show up in margins as early as this year.

*Stock prices used were end-of-day prices of Oct. 21, 2024. The video was published on Oct. 21, 2024.

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Source Fool.com

Tesla Inc Stock

€268.70
0.350%
Tesla Inc gained 0.350% compared to yesterday.
Our community is currently high on Tesla Inc with 104 Buy predictions and 38 Sell predictions.
With a target price of 410 € there is a hugely positive potential of 52.59% for Tesla Inc compared to the current price of 268.7 €.
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