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Tesla Shares Rise Despite Broken Windows as Cybertruck Orders Hit 200,000

 

During the unveiling of Tesla’s Cybertruck, a staff managed to break the truck’s window using a rock. This left the Wall Street unimpressed. As the window shattered, the window of opportunity for the truck to sell also was shattered (aside from the failed presentation, critics also point out the strange design of the truck). The Cybertruck is made of stainless steel used in rockets and is priced at $39,000 and above.

Despite the presentation going horribly wrong and the failure to impress Wall Street, Tesla shares rose 4% on Monday, as Elon Musk tweeted that his company received 200,000 orders for its futuristic truck.

More details about this over at Reuters.

What are your thoughts about this one?

(Image Credit: Elon Musk/ Twitter)


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Monday morning's rise was a temporary blip. On Friday, Tesla's stock fell from $355 to $334. Monday morning's blip raised it, but only to about $340. Then it steadily fell all day Monday and Tuesday. Today it closed at $328.But this might be a sign of things to come when (if) the electric Ford pickup truck goes on sale.
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