CyberTruck Could Add $50B+ To Tesla's Valuation
HyperChange
English - November 28, 2019 19:30 - 26 minutes - 24.3 MB - ★★★★★ - 97 ratingsTechnology Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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Tesla has launched the Cybertruck. Available for delivery in late 2021, starting at $39,900, and made out of a steel alloy exoskeleton. This Bladerunner-looking vehicle has taken over the internet and generated 250,000 pre-orders in just 5 days. Are we looking at the future of trucks, or has Elon Musk lost his mind? I think demand will be at least 350,000 units per year, and drive significant shareholder value. If the Cybertruck sells 1M units per year (as much as the Ford F-series), it could generate $50B of incremental revenue & $5B in incremental profit for Tesla.