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Cybertruck To Price Between $50,000 To $80,000, Wedbush Says Ahead Of Thursday's Launch
• Zero HedgeFollowing an unforgettable reveal event, then years of anticipation and a prolonged wait, Tesla is at last poised to unveil the long-awaited Cybertruck at an event scheduled for this Thursday, November 30th.
Ahead of the event, Wedbush published a note on Tuesday morning maintaining its positive outlook on Tesla and its "outperform" rating and $310 price target.
In the note, analyst Dan Ives says that: "This is another historical moment for Tesla and Musk with the Cybertruck unveil as the Street is excited to see the formal vehicle launch featuring the dual-motor trim and its top-level tri-motor AWD performance model along with updates regarding production and scaling of the Cybertruck platform which is expected to be ~250k units per year by FY25."
Over 25 Cybertrucks spotted at Giga Texas today in preparation for the delivery event in three days! #Cybertruck #Tesla #GigaTexas pic.twitter.com/pCfm5d9IX5
— Jeff Roberts (@peterdog15) November 27, 2023