Tesla Shares Slide 5% Amid Cybertruck Quality Concerns
Customers posted complaints on the Cybertruck Owners Club website about metal panels detaching, particularly in cold weather, with viral videos circulating on social media.
Tesla’s shares dropped 5% on Monday amid reports of quality issues with its Cybertruck pickups. Customers posted complaints on the Cybertruck Owners Club website about metal panels detaching, particularly in cold weather, with viral videos circulating on social media.
Tesla Shares Slide 5% Amid Cybertruck Quality Concerns
The issue reportedly stems from adhesive failure in the central trim, raising concerns about production quality. Unconfirmed reports suggest the Tesla truck sales may be temporarily halted to address these problems.
Analysts worry the situation may impact Tesla’s market performance and customer confidence. As scrutiny over the company increases, Tesla faces pressure to resolve these challenges and maintain its production standards.
Kazi Mahmood