Category Archives: Cybertruck

Red Tesla Model S (Image: T. Larkum)

3 Reasons Why Even Skeptics are Turning Bullish on Tesla (TSLA)

  • Skeptics of Tesla have turned bullish on the electric car manufacturer.
  • Tesla has matured in 2019, operating more like a traditional automotive company.
  • It’s already too far ahead of the pack in the electric car market, no other company comes close.

The market cap of Tesla (NASDAQ:TSLA) has surpassed the $60 billion mark, supported by the rising popularity of the newly released Cybertruck. The firm’s turnaround has even led skeptics to turn bullish.

Red Tesla Model S (Image: T. Larkum)
Red Tesla Model S (Image: T. Larkum)

Up until October, Tesla was criticized for being a little bit too different from traditional automakers in the way the company handles conferences, earnings and other crucial aspects of the business.

As the company evolved, and so did its market cap, high profile investors like Jim Cramer and Pierre Feragu started to believe that Tesla is now far ahead of the automotive industry. Three reasons support that claim.

1. Highly innovative

Tesla has stood out from its competitors since its inception. The public’s reception of its newest products like the Cybertruck have changed the mind of investors who previously thought such products would only appeal to a niche market.

Jim Cramer, host of CNBC’s Mad Money, said that he was blown away by the demand for the Cybertruck. With an improving balance sheet, beloved CEO in Elon Musk, and an active following, Cramer said that Tesla has all signs of a great company:

Even better, on that last conference call, he revealed his true rigor without the sardonic quips. Musk, it turns out, is a great CEO when he can get out of his own way, and that seems to be what he’s doing. Cult product? Check. Sound balance sheet? Check. Charismatic Leader? Check. If you’re going to invest in a battleground stock, Tesla’s got all the ingredients of a winner.

So far, 250,000 orders for the Cybertruck have been made. That’s equivalent to $25 million in revenue once the cars ship.

Read more: CCN

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Tesla Cybertruck (Image: Tesla)

In Tesla’s shadow, Audi and Mercedes electric SUVs get no love

A couple of weeks ago, Mercedes-Benz quietly announced the price for its all-electric EQC sports-utility vehicle.

A $67,900 starting price for a luxurious, 200-mile, 402-horsepower luxury crossover is a good start for the EQC brand. But the announcement got completely lost in the shuffle in a week filled with buzz about Tesla’s bulletproof, stainless-steel Cybertruck. Even the deserved attention given to Ford’s Mustang-inspired electric SUV was cut short. So where does that leave the play-it-safe luxury electric SUVs from Mercedes-Benz, Audi, and BMW?

Mercedes-Benz EQC (Image: Mercedes-Benz)
Mercedes-Benz EQC (Image: Mercedes-Benz)

As we reported a week ago, the $75,000 Audi e-tron has not been a big hit. Don’t get me wrong. Audi loyalists and traditional luxury car buyers appreciate the e-tron’s smooth, comfortable, and safe ride. But relatively low sales numbers suggest that the e-tron is not energy-efficient enough. And it doesn’t have enough range at 204 miles. Or it’s being produced in low numbers. Or there aren’t other stand-out attributes besides being a well-made automobile. Who knows?

Audi e-tron (Image: Audi)
Audi e-tron (Image: Audi)

But whatever the reason, the first of four all-electric e-tron variants did not stir a big response. Not when it’s facing competition for mindshare from the Cybertruck or an electric Mustang.

Tesla Cybertruck (Image: Tesla)
Tesla Cybertruck (Image: Tesla)

Read more: Electrek

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Tesla Cybertruck (Image: Tesla)

Tesla Cybertruck revealed with sci-fi personality and lots of power

Elon Musk’s crazy vision for an electric pickup truck is finally here.

Surrounded by iconic vehicles from Hollywood’s Sci-Fi history such as Blade Runner and Back to the Future, Tesla unveiled its interpretation of a sci-fi-themed electric pickup this evening in Southern California, and it’s called the Cybertruck. There’s something very different about this machine versus all those others, however. This isn’t science fiction – it’s fact. And it’s slated to hit dealerships sooner than you might expect.

Tesla Cybertruck (Image: Tesla)
Tesla Cybertruck (Image: Tesla)

There’s absolutely no mistaking this truck for anything else on the road. Its body is comprised of a steel alloy that Musk says is dent-resistant, scratch-resistant, and per a demo onsite at the reveal, sledgehammer proof as well. In fact, he also says the Cybertruck is bulletproof to 9mm shells, and the glass is also said to be strong, though not quite as strong as Musk apparently hoped, as the Cybertruck’s glass did shatter rather spectacularly on stage.

So yeah, the body is pretty strong, but what about stats? Musk tossed some serious numbers out for the unconventional pickup, not the least of which being 0-60 mph in just 2.9 seconds for the highest-performance all-wheel-drive model. That machine will also turn a quarter-mile in 10.8 seconds, and it’s said to “corner like it’s on rails.”

Read more: UK Motor1 

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