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Zenger
Zenger
Technology
Shanthi Rexaline

Analyst: Canceling Cybertruck Could Benefit Tesla Shares

As the Cybertruck launch event fast approaches, an analyst at Jefferies says cancelling the electric pick-up truck could prove to be positive for Tesla shares. FREDERIC J. BROWN/GETTY IMAGES

As the Cybertruck launch event fast approaches, an analyst at Jefferies says cancelling the electric pick-up truck could prove to be positive for Tesla shares.

The Tesla Analyst: Philippe Houchois maintained a Neutral rating on Tesla and reduced the price target from $250 to $210.

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