Luxury electric-vehicle maker Tesla (TSLA) held its Cybertruck event several weeks ago at the company’s headquarters in Austin, Texas, during which the futuristic-looking vehicle reached its first batch of customers four years after its debut. While celebrating the company’s new and unconventional Cybertruck pickup, CEO Elon Musk predicted the truck would usher in a new, more exciting future. But depending on who you ask, there will be a range of opinions as to the long-term potential of the Cybertruck and its ability to unlock value or provide Tesla a competitive advantage in the quarters and years ahead. For 2024, Wall Street analysts were forecasting Tesla to show more than $21 billion of revenue growth.
The lower prices comes as people hit the roads in the week leading to Christmas.
Less than a week ago, Tesla announced it was recalling nearly 2 million cars sold in the US to address concerns about its Autopilot software.
More than 2 million of the cars are being recalled — because Tesla’s “self-driving” systems have always been anything but
Hagerty has released its annual Bull Market List, revealing the 10 classic cars that could see significant value increases in the year ahead.
The nation’s average price of gasoline is now at its lowest level of 2023, according to GasBuddy.
Gasoline prices in the United States have dropped to their lowest levels in 2.5 years, providing relief to consumers and potentially offsetting high inflation.
Tesla's recall of over two million vehicles in the US has now spread to Canada, affecting 193,000 cars. The recall was prompted by an issue with Autosteer in the automaker's Autopilot suite.