Cybertruck is profitable, Tesla says
- by MarketWatch
- Oct 23, 2024
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Claudia Assis
Tesla's futuristic-looking and not universally liked Cybertruck is one of the stars of the day, it seems.
The EV maker said that Cybertruck production has increased and "achieved a positive gross margin for the first time."
Tesla also took the opportunity to update investors about its commercial truck, the Semi.
Preparation of the Semi factory continues and remains on track, with builds scheduled to start by the end of 2025, the company said.
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