Tesla falls on long wait for Cybertruck payoff, hefty price tag / Tesla shares fell more than 3% on Friday::Tesla’s pricier-than-expected Cybertruck pickup, which offers driving ranges that fell well short of what CEO Elon Musk had promised, has deeply disappointed some but fascinated others with its futuristic, SUV-like feel.
I know the cybertruck hate thing is hot rn, but 3% is a tiny margin for the stock to change by, that’s just a normal movement not some catastrophic collapse
Not only that, but it recovered most of it throughout the day.
Normally a company would get a boost after a major announcement, though, if it was successful.