TECH - Cybertruck Completes 1 Year: Here's How Much You Would Have Today If You Invested $1000 In Tesla When It Made The First EV Truck At Giga Texas Last Year | Benzinga
EV giant Tesla Inc (NASDAQ:TSLA) announced the completion of its first Cybertruck on July 15 last year. Since then, the company has ramped up both deliveries and production, while Tesla’s share price has slumped.
What Happened: On July 15, 2023, Tesla shared an image of its first Cybertruck built at Giga Texas, and surrounded by the many employees at the factory.
First Cybertruck built at Giga Texas! 🤠 pic.twitter.com/ODRhHVsd0t — Tesla (@Tesla) July 15, 2023
The company subsequently started deliveries in late November and has been ramping production since, per third-party estimates and comments by company executives, including CEO Elon Musk. Tesla, however, does not provide a model-wise breakdown of its delivery numbers.
Production Ramp-Up: ...