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Stock impact report

Tesla faces harsh reality despite Elon Musk's bold claims about Cybertruck: 'Our best ever' [Yahoo! Finance]

Tesla, Inc. (TSLA) 
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
Company Research Source: Yahoo! Finance
Although Tesla's CEO continues to tout the Cybertruck's benefits, sales figures suggest the controversial electric truck may be a disappointment. In a post to the social media platform X, Musk wrote , "Cybertruck is an incredible vehicle. Our best ever from Tesla." But as USA Today reported , sales figures contradict Musk's "best ever" claim. According to Torque News, less than 2.5% of Cybertruck reservations have actually converted into real sales. Many other Tesla models, including the Model Y and the Model 3, are selling better than the Cybertruck. Meanwhile, other Tesla models, as well as EV trucks from other brands, have received considerably higher ratings than the Cybertruck. According to USA Today, "Elon has plenty to brag about in terms of the Tesla Model 3 and Y, but the electric pickup isn't the best representation of the automaker's success." Questionable claims, like those Elon Musk is repeatedly criticized for, can negatively affect drivers interested in EVs Show less Read more
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