Alert: Reverse Split on 3SAM(1:2,000), 3SPO(1:1,500) and 3SMO(1:1,000)

<p>Alert:<small class="text-black ps-2"> Reverse Split on <small class="text-black ps-2">3SAM(1:2,000), 3SPO(1:1,500) and 3SMO(1:1,000)</small></small></p>

From Concept to Reality: Tesla Cybertruck is Set to Debut

From Concept to Reality: Tesla Cybertruck is Set to Debut

After Two years of delay, Tesla's Cybertruck officially entered the electric pickup truck market to compete with well-established companies like Rivian Automotive's R1T, Ford's F150 Lightning, and General Motors' Hummer EV. Tesla (TSLA) has planned to begin its cybertruck pickup to customers from Thursday, November 30.  

This cybertruck is the first new model by Tesla in four years but arrived after other automakers began selling electric pickups. The cybertruck has a stainless steel body and sharp angles unlike other pickup trucks launched by General Motors, Ford Motor, and Stellantis which owns Ram Jeep, and Chrysler currently dominating the market.  

The concept of a pickup truck was first announced by Tesla back in 2019 and the pilot production at last started this year. According to the cybertruck reservation tracker estimates the total reservation at present stands at 2.1 million. Customers have placed $100 refundable deposits on Cybertrucks. 

Moreover, is set to offer the Cybertruck in three distinct variants. The base model, equipped with a single motor, will utilize a rear-wheel-drive system, while the two- and three-motor models will feature an all-wheel-drive configuration. According to Tesla (TSLA), the single-motor model is expected to accelerate from zero to 60 mph in 6.5 seconds with a top speed of 110 mph. In contrast, the dual-motor Cybertruck is reported to achieve 60 mph in just 4.5 seconds and reach a top speed of 120 mph. The Tri-Motor model is anticipated to boast an impressive 0-to-60 mph speed of 2.9 seconds, with a top speed of 130 mph. 

Regarding towing capacity, Elon Musk has stated that the single-motor model can tow up to 7,500 pounds, the dual-motor up to 10,000 pounds, and the tri-motor up to an impressive 14,000 pounds. 

However, there are varying opinions on whether the Cybertruck's robust external steel exterior will attract buyers or raise concerns about the potential challenges of accident repairs that are yet to be seen. 

Tesla is anticipated to reveal the pricing details for the Cybertruck during an event on Thursday, where the vehicle is currently being built. The fully equipped, all-wheel-drive cybertruck models are projected to be priced at approximately $80,000 or more, accounting for additional features and technological enhancements. While there are expectations that Tesla will eventually introduce a two-wheel-drive version priced around $50,000, it might take several years before more budget-friendly models become available. (Source: NewYork Times

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Short Tesla ETPs by GraniteShares

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