Feb. 20 at 8:53 PM
Tesla shares dipped slightly after unveiling a new, lower-priced Cybertruck starting under
$60,000—
$20,000 less than the premium all-wheel-drive model. U.S. Cybertruck sales fell to 20,000 in 2025 from 39,000 in 2024, and EV sales have declined for two straight years. Lower pricing aims to boost volume but may cannibalize other models, pressuring margins, according to Future Fund co-founder Gary Black.
Tesla also lost a Florida appeal over a
$234 million liability judgment from a 2019 fatal crash, though it had little impact on shares.
For 2026, analysts project about 1.7 million vehicle sales, up from 1.6 million in 2025. Despite EV sales slowing, investors are increasingly focused on “physical AI,” including Tesla’s robo-taxis and humanoid robots, funded by EV revenue. Tesla’s robo-taxi service launched in Austin, Texas, in June, with expansion planned for 2025, and the third generation of its humanoid robot, Optimum, is expected soon.
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