Analyst: Canceling Cybertruck Could Benefit Tesla Shares

21 Nov 2023 | Abstracted from Zenger

"... an analyst at Jefferies says cancelling the electric pick-up truck could prove to be positive for Tesla shares...The analyst called it 'climbing out of self-drug holes.' Cybertruck is an 'off mission' product...EV pickup truck may have diverted resources from high-volume global segments and supply of 4680 cells for Model Y..The Cybertruck is a double negative on affordability"

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