Financial Analyst Recommends Canceling Tesla Cybertruck.

Written by Paulo Nogueira

Published on 22/11/2023 at 12:46

Tesla Cybertruck na Gigafactory Texas

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“2024 Is A Year That Has Already Been Lost For Growth”, Said Jefferies Analyst, Phillipe Houchois.

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Phillipe Houchois, a Jefferies analyst, recently lowered Tesla’s stock price to US$ 210, stating that the electric vehicle manufacturer led by Elon Musk may face compromised profit and reduced free cash flow. This has generated significant interest among people, with many negative comments about the post made by Sawyer Merrit. Despite the exaggerated opinions, some points raised by the financial analyst make sense.

Phillipe Houchois believes Tesla is facing the next 12 to 18 months marked by the company’s sluggishness while still being unable to take advantage of rival manufacturers’ failures. Additionally, the company should seek to capitalize on other models and focus on Model Y production across different market segments. Musk, during last year’s third-quarter earnings call, said he wanted expectations for the Cybertruck to be tempered, as given the great quality of the product, it may take one to 18 months for it to become a significant and positive contributor to cash flow.

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Tesla’s Stock Performance May Be Compromised In The Short Term Due To The Tesla Cybertruck, Which Is One Of The Most Talked About Cars Currently.

Phillipe Houchois, a Jefferies analyst, recently lowered Tesla’s stock price to US$ 210, stating that the electric vehicle manufacturer led by Elon Musk may have its profit compromised and free cash flow reduced. This has generated significant interest among people, with many negative comments about the post made by Sawyer Merrit. Despite the exaggerated opinions, some points raised by the financial analyst make sense.

Phillipe Houchois opines that Tesla is facing the next 12 to 18 months marked by the company’s sluggishness while still being unable to take advantage of rival manufacturers’ failures. Additionally, the company should seek to capitalize on other models and focus on Model Y production across different market segments. Musk, during last year’s third-quarter earnings call, stated he wanted expectations for the Cybertruck to be moderated, as given the great quality of the product, it may take one to 18 months for it to become a significant and positive contributor to cash flow.

The Cybertruck, four years after its reveal, is finally becoming a reality. Recent news revealed that Tesla will be delivering only 10 Cybertrucks at the end of the month, and all will be designated solely for employees.

Even with a slow initial launch, Tesla’s Model 3 has not been negatively impacted, quite the contrary. It is the second best-selling car for the company, trailing only the Model Y.

Source: Insideevs UOL

Financial Analyst Recommends Canceling Tesla Cybertruck.

“2024 Is A Year That Has Already Been Lost For Growth”, Said Jefferies Analyst, Phillipe Houchois.

Tesla’s Stock Performance May Be Compromised In The Short Term Due To The Tesla Cybertruck, Which Is One Of The Most Talked About Cars Currently.

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Financial Analyst Recommends Canceling Tesla Cybertruck.

“2024 Is A Year That Has Already Been Lost For Growth”, Said Jefferies Analyst, Phillipe Houchois.

Tesla’s Stock Performance May Be Compromised In The Short Term Due To The Tesla Cybertruck, Which Is One Of The Most Talked About Cars Currently.

With billions in loans, China is rebuilding Nigeria’s railway network from scratch, abandoning the British colonial tracks that have turned to scrap and creating a corridor of over 1,300 km to take the load off the roads of Africa’s largest economy.

A British company has installed in the middle of the ocean the world’s first floating platform that generates electricity 24 hours a day from the temperature difference between the surface and the depths of the Atlantic, without relying on wind or sun.

China is building an artificial island in the middle of the sea, covering 20 km², to construct the largest offshore airport in the world, the Dalian Jinzhouwan. This $4.3 billion project is anchored on more than 3,000 pillars embedded in the rock beneath the ocean and is scheduled to open in 2035.

Forget petroleum-based asphalt: a Scottish company transforms 684,000 plastic bottles into one kilometer of road that is 60% more resistant and up to 10 times more durable, and the technology has already started replacing traditional asphalt in more than 30 countries.

A robot named Walter does the work of five bricklayers per hour and can save the construction industry, where the average age of professionals is 46 years and almost no one wants to learn the trade anymore, in the United Kingdom.

Austrian engineers have developed an inflatable concrete technology that transforms flat slabs into domes using only air pressure, eliminating scaffolding and temporary forms, and potentially changing the way bridges, tunnels, and curved roofs are constructed worldwide.

The James Webb telescope spotted a planet 700 light-years from Earth with mornings full of sand clouds and nights with clear skies, the temperature difference between the two hemispheres reaches an impressive 170 degrees.

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Tokyo built a $2 billion underground cathedral with 500-ton pillars and silos as tall as 20-story buildings to counter the floods that threaten to destroy one of the largest urban economies.

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