More details have emerged onTesla Inc.'s TSLA highly anticipated Cybertruck, set for release in 2023. And CEOElon Muskhas also hyped up one factor about the electric pickup truck.
What Happened:Twitter users shared a TikTok video of Tesla testing a Cybertruck prototype's steering, showing it take a U-turn, drive away, have a wobbly movement to test steering stability, and then take another sharp U-turn.
According to Electrek, the electric pickup truck likely used rear-wheel or four-wheel steering, enabling the steering of the rear axle to a smaller degree than the front wheel, resulting in a tighter and more precise turning radius.
Musksaid the turning of the Cybertruck was perhaps better than a Model Y.
Perhaps better than a Y in turning Elon Musk (@elonmusk) March 28, 2023
If his words are true, it should be a killer capability for a vehicle that could weigh up to even 10,000 pounds, including a payload capacity of 3,500 pounds, compared to Model Ys weight of around 4,400 pounds.
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Why Its Important:AlthoughRivian Automotive, Inc.RIVN andFord Motor CompanyF have already launched their own EV pickups, Tesla's Cybertruck is expected to disrupt the game.
In January, Musk described theCybertuck as incrediblefollowing a review of a beta production version.
Future Funds Gary Black expects Cybertruck deliveries to be in the range of 200,000 units in 2024, adding $0.40 per share in earnings. Fans, meanwhile, see the launch of Cybertruck as an "iPhone moment" for Tesla.
Price Action: Tesla closed Tuesday's session down 1.37% at $189.19, according toBenzinga Pro.
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