Markets.News
Tesla Inc (TSLA) has faced challenges in selling its Cybertrucks, but the unique electric pickup truck is now experiencing a surge in demand. To capitalize on this momentum, Tesla has initiated a limited-time price drop, reducing the starting price of the all-wheel drive Cybertruck to $59,990. This offer is only valid for a quick 10-day period, ending on Feb. 28. CEO Elon Musk has confirmed that the post-deadline price will be determined based on demand. Despite uncertainties about future pricing, Tesla is likely to maintain competitive rates to sustain high demand. This strategic move signals a shift in Tesla's sales approach and has generated renewed investor interest in TSLA stock.