Tesla's Cybertruck Draws Enthusiastic Crowds Before Launch

author: FutureCar Staff    

Tesla, Inc.'s highly anticipated Cybertruck launch is just four days away, and the electric pickup truck is generating a lot of excitement. The vehicle, often compared to Tesla's "iPhone moment," will be unveiled to customers at a launch event on November 30th.

Photos of the Cybertruck in Tesla showrooms across the country have been circulating among fans, highlighting the high level of interest in the vehicle. One user on the X platform shared a photo of a long queue of people waiting to see the Cybertruck at a Tesla showroom in Tampa. Another user shared pictures of enthusiasts lining up outside a showroom in Langley, Canada.

Tesla CEO Elon Musk responded to the Tampa showroom photo with a simple "Cool." Musk also confirmed on the X platform that Cybertrucks are on their way to Tesla stores in North America. According to Tesla influencer Sawyer Merritt, the Cybertruck is on display in 5.5% of all U.S. Tesla showrooms.

The Cybertruck has divided analysts, particularly due to its unconventional design. Future Fund's Gary Black believes the vehicle will have a "halo effect" on Tesla's other product lineups, similar to the impact of the Model Y when it was launched in 2020. Gene Munster from Deepwater Asset Management, on the other hand, sees capacity as a concern and expects the Cybertruck to contribute only marginally to growth. Jefferies analyst Philippe Houchois is also skeptical, calling the Cybertruck an "off mission" product and suggesting that Tesla should suspend the launch.

Currently, there are over 2 million reservations for the Cybertruck, although it remains to be seen how many of those will convert into firm orders. The pricing and trims for the vehicle have not been confirmed by the company yet.

As of Friday's session, Tesla stock closed at $235.45, up 0.53%.

Source: Benzinga

Image: Shutterstock

FutureCar Staff