HomeBusinessEnergy Sector, Oil, & Gas Stock NewsCybertruck Is The Perfect Example Of Tesla’s (TSLA) Technology

Cybertruck Is The Perfect Example Of Tesla’s (TSLA) Technology

The Cybertruck highlights Tesla’s (TSLA) technology, the ability to sell the trucks that can haul a Porsche and beat a Porsche in a race, and very strong tow capacity which is important to many truck owners, notes Morningstar’s Seth Goldstein. He talks about the impact of the Cybertruck on TSLA. He mentions that the Cybertruck is a great example of TSLA’s technology, but longer-term less important to the profitability of the company. He says that the more important growth story will be of the Model 3 and Model Y and over the next several years the launch of the Model 2 vehicle. He then previews Nio Inc. (NIO) which reports earnings tomorrow, premarket. Tom White then demonstrates bearish and neutral to bearish trades using TSLA. Tune in to find out more about the stock market today.

Morning Trade Live

04 Dec 2023

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