Elon Musk Teases Cybertruck Progress Again: ‘Tough Product To … – Benzinga

Tesla, Inc. TSLA is tirelessly working on bringingits highly anticipatedCybertruckinto production, and fans are eagerly awaiting the companys iPhone moment. Tesla enthusiasts and trackers are actively sharing updates and photos on social media, showcasing their keen interest in the vehicles progress.

What Happened: A Tesla influencer, known by the Twitter handle @TeslaSynopsis, shared a captivating video displaying both the front and rear views of the Cybertruck.

Accompanied by the caption, Heres your dose of Cybertruck, the video appears to have been filmed at the Giga Texas site, with a glimpse of a factory worker in motion.

While the exact time of the video remains unclear, its impact is undeniable, garnering over 1.4 million views and highlighting the tremendous anticipation surrounding this yet-to-be-launched vehicle.Elon Musk, the CEO of Tesla, also weighed in on the video, stating, Were working hard to get Cybertruck into production!

Recognizing the challenges faced during the design and manufacturing process, Musk emphasized, This was a tough product to design & even tougher to build, while expressing confidence in its ultimate greatness.

See Also:Everything You Need To Know About Tesla Stock

Why It Matters: The significance of the Cybertrucks progress stems from Teslas recent decline in deliveries amid economic uncertainties. Despite the companys efforts, including aggressive price cuts, its sales have been lackluster.

However, analysts anticipate that the Cybertruck could rejuvenate Teslas volume figures.Gary BlackfromFuture Fundpredicts a fourth-quarter launchfor the Cybertruck, projecting a unit potential of over 250,000 by 2024.

Even Shark Tank-fameKevin OLearyrecognizes the appealof the Cybertruck, referring to it as a very interesting vehicle and acknowledging the immense demand surrounding it.

Price Action:Teslas stock closed Tuesdays session at $185.77, representing a 1.64% decrease, according to data fromBenzinga Pro.

Check out more of Benzingas Future Of Mobility coverage byfollowing this link.

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Elon Musk Teases Cybertruck Progress Again: 'Tough Product To ... - Benzinga

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