TSLA Jan 2024 1675.000 call
- Yahoo Finance Video
Tesla's revised Model 3 could be bigger for company than Cybertruck: Journalist
Tesla's (TSLA) Cybertruck has yet to be released, but many wondering how the model will fair in the current market given the demand for more affordable vehicles. David Undercoffler, Autolist Editor-in-Chief joins Yahoo Finance to discuss what lies in store for Tesla going into the next fiscal year and how the Cybertruck may fair in this pricing environment. "I would be very surprised if the actual Cybertruck hit the road in the next year to 18 months and it a starting price of had anything lower than $60,000. That is an expensive proposition right out of the gate," says Undercoffler, remaining skeptical on the future performance of the vehicle with most consumers. However, Undercoffler says the company's revised Model 3 is "bigger news" given that the refresh has potential to generate more interest and boost sales. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
- Reuters
Elon Musk wades into German debate over migration
Billionaire Elon Musk waded into German politics on Friday, sharing the post of another account on his social media platform X that attacked the government's handling of illegal migration and backed the far-right Alternative for Germany (AfD). Migration has become a hot topic of debate in Germany ahead of elections on Oct. 8 in the states of Bavaria and Hesse, and in Europe at large ahead of European parliamentary elections next year. The post shared by Musk came from an account identified as Radio Genoa.
- Motley Fool
Why Rivian Automotive Stock Popped on Friday
Rivian Automotive (NASDAQ: RIVN) stock opened higher Friday morning, and has continued to climb as the day wore on, reaching a 3.8% gain as of 11:15 a.m. ET. With archrival Tesla (NASDAQ: TSLA) preparing to enter the electric pickup market at any moment, you might expect the opposite result and think that Rivian stockholders would be feeling nervous right about now. Responding to a question about Tesla's Cybertruck at the Code Conference 2023 on Thursday, InsideEVs reported yesterday, the Rivian CEO demurred that "if you were to think of like the Venn diagrams of customers [considering buying a Rivian truck or a Cybertruck], there's probably not a lot of overlap."
