Tesla Cybertruck Beats Porsche 911 While Towing Another 911 In A Drag Race, Elon Musk Reacts: 'Can Carry A 911 Faster…' - Tesla (NASDAQ:TSLA)
TeslaTesla(US:TSLA) Benzinga·2025-10-02 10:17

Core Insights - Tesla's Cybertruck showcased its performance by beating a Porsche 911 in a drag race, with CEO Elon Musk highlighting its ability to tow a 911 while achieving faster quarter-mile times [2] - The Las Vegas Police Department received 10 custom Cybertrucks as a donation, indicating some institutional interest despite overall sales challenges [3] Sales Performance - The Cybertruck has experienced poor sales in the U.S., with only over 46,000 units sold in 14 months against a production capacity of 250,000 units annually [4] - Tesla has discontinued the RWD Long Range variant of the Cybertruck due to slow demand, just five months after its introduction [4] - The company reportedly has over 10,000 unsold Cybertruck units in the U.S., despite a marketing strategy shift aimed at appealing to traditional pickup drivers [5] Market Metrics - Tesla scores well on Momentum and Growth metrics, while its Value rating is poor, indicating mixed market perceptions [6] - The company shows a favorable price trend in the short, medium, and long term, suggesting potential for future performance [6]