Tesla falls more than 6% after Cybertruck flub—Cramer and other pros talk prospects

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Tesla falls more than 6% after Cybertruck flub—Cramer and other pros talk prospects $TSLA (via TradingNation)

The E-Edsel. That's my name for it. ... I look at this thing, and I do think that there is a DeLorean aspect to it. That was a niche product. I think that the trick to trucks is that they all look like each other. That's what people want, and this does not look like anything."

Craig Irwin, senior research analyst at Roth Capital Partners, said this was more of a sustainability play on the automaker's part: "The best part of the demonstration, actually, was the ATV. I think that could crush everything in units. I mean, that's a cool little toy. So, last night was really just Elon having some fun. He's said in public before that he doesn't really expect the truck to be a main-line product.

Steve Westly, a former Tesla board member and the founder and managing partner of The Westly Group, said the pickup truck's $39,500 price tag "is still a high price for the American consumer": "But the fact is the cost of lithium ion batteries is going down. I think you're going to see Tesla bringing the price down over time. But, look, it's hard to complain about this. Tesla is now the No. 1 selling vehicle in the Netherlands, in Norway, in Switzerland, No. 3 in the U.K.

 

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TradingNation Garbage!

Davidlaz TradingNation And..... It's just beyond ugly.

TradingNation This will be the icing on the cake of Tesla Bankruptcy

TradingNation For those of old enough to remember, it wouldn’t even make a good Tonka truck 😁✌🏻

TradingNation I think Homer Simpson was the lead designer..

TradingNation It could be a joke. Like... nah. It’s actually this...

TradingNation Buy Tesla now...

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