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Zenger
Zenger
Technology
Shanthi Rexaline

Tesla’s Cybertruck Production Begins, Giga Shanghai Hits Milestone

Tesla Inc. Nasdaq Rivian
People take pictures of the newly unveiled all-electric battery-powered Tesla's Cybertruck at Tesla Design Center in Hawthorne, California on November 21, 2019.Tesla Cybertruck, Factory Updates And More: Tesla's official Twitter handle shared a photo of the first Cybertruck that rolled off the production line of the Giga Texas, which was surrounded by the factory’s workers. PHOTO BY FREDERIC J.BROWN/GETTY IMAGES

Most electric vehicle stocks closed the week ending on July 14 more firmly, although company-specific developments weighed on some stocks in the space. Market leader Tesla, Inc. (NASDAQ:TSLA) advanced this week amid expectations concerning second-quarter earnings that are due Wednesday.

Tesla Cybertruck, Factory Updates And More: Tesla’s official Twitter handle shared a photo of the first Cybertruck that rolled off the production line of the Giga Texas, which was surrounded by the factory’s workers. This has almost cemented the timing of the vehicle’s launch, with deliveries of the electric pickup truck likely beginning in the late third quarter.

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