Tesla's CyberTruck has been incredibly disappointing, analyst says
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- Опубликовано: 23 апр 2024
- Shares of Tesla (TSLA) are moving higher on Wednesday morning, despite its first-quarter report missing out on Wall Street estimates, after CEO Elon Musk commented on the future of affordable EV options in the company's earnings call. During the call, Musk signaled a shift for the company to focus more on AI.
Oppenheimer Managing Director and Senior Research Analyst Colin Rusch joins The Morning Brief to discuss Tesla's first-quarter earnings results and the current status of Tesla's operations with its products.
Rusch offers insight into Tesla's current efforts with AI: "Obviously, he promise of Tesla being the leader in AI for the physical world is, I think, very compelling and one that we think is real over time. How that translates into financials is really a big question mark right now and with the Model 2 or this low-cost vehicle, we don't know where the price point is going to be, what the cost structure is going to be. And so we think there's maybe another one or two numbers costs before we start to see things inflect higher.
He continues with: "From an execution period, I think they're going into a challenging period. They've made a bet that the learning cycles on their neural net will accelerate here between now and August, and they'll continue to improve the functionality on the FSD [full-self driving capabilities], and we think that's not a certainty, there's a lot of debugging that has to happen and a lot of work to get that moving in the right direction at the pace that they're talking about."
#youtube #NEWS #TESLA
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Tesla cult fans do not like this video.
I am one of those
But don't understand the cybertruck sales being low arguement? They are making 1000 a week. That's more then rivian and ford combined when they launched
They will sell more combined by end of the year
People with a brain don't like this video
Competition will really get serious when all EVs have the same charge port and can use most of the Tesla charging network. Many pervious Tesla buyers made the decision to buy a Tesla based on availability of reliable chargers and that was a clear advantage. That advantage is going away with NACS and improvements in all charging availability.
Of course; anyone that owns a working truck knows the CyberTruck is dead on arrival.
Pick-ups are for groceries not work that's 10% of the market and for f-350 people
They're doing as well as GMC's electric trucks.
They should have started the $25K EVs (model 2) much earlier. Instead they wasted a lot of time and resources on cybertruck. This is the biggest disappointment.
the owner is too busy retweeting conspiracy theories on twitter. i mean X. (the dumbest downgrade ever for a brand)
@@the0ne809 Exactly.
They would’ve sold a ton more if they made it look like an actual goddamn truck instead of an obtuse triangle on wheels.
Tesla is not a bad EV, it just needs to focus on innovations and new body designs, especially if it wants to stay as high end EVs. Its FSD is better than before, but I wish it had Lidar: only relying on cameras is not safe enough for true self driving.
If you think CT is disappointing, just wait until these Tesla "affordable EV's" come out.
Can you imagine how cheaply the 25k car will be built considering how cheap their other cars are built that cost way more than 25k.
I mean it is a bad product. Is this really a surprise…?
😂😂😂
Some relief based off Elon's lies.
Sell tesla, Sell Tesla shares righ now!
That is okay, China will soon go world wide with hydrogen vehicles. Well, other than in the USA. You know, those oil girls in Tex-ass will not allow them here in Uhmerrika.
The Cybertruck is a super ugly vehicle that only the most nutty Tesla fanboy would buy. Let's face it. Teslas are just not considered cool anymore.
😂Wow, the level of hate towards tesla here in the comments is sickening.🤢🤮
Such as? I see 7 comments at the time of your post. 6 pertain directly to the cybertruck and its polarizing look. You have an issue with people expressing negative views about this?
Less than 4,000 cybertrucks have been sold. That is almost shocking at how low that figure is.
Are you gonna cry hearing the truth fanboy.
@@bobbybishop5662 Ah, ah, sick burn!
@@singed8853isn't that pretty high?
It's more than rivian this year lol
@@TheMagicJIZZit’s a drop in the bucket for a company the size of Tesla. It’s nothing compared to the supposed 250k per year goal Elon says they hope for eventually. Elon said manufacturing would be much faster due to this ‘giga casting’ stuff. It’s proving to be just more empty hype so far.
growth is off the discussion, Tesla needs to plan for staying