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Tesla's Cybertruck Sales At Just 47K Is 'Really Bad' For 250K Target, Says Ross Gerber Amid Recall Troubles - Tesla (NASDAQ:TSLA)

1. Gerber noted Tesla sold only 47k Cybertrucks, far below 250k target. 2. Tesla announced a recall of 46,096 Cybertrucks due to safety concerns. 3. Company faces multiple recalls affecting brand image and investor confidence. 4. Shares have declined nearly 50% since mid-December, indicating brand value loss. 5. Protests at Tesla showrooms reflect public discontent with company leadership.

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FAQ

Why Very Bearish?

The significant underperformance in Cybertruck sales and recalls raise serious concerns, paralleling past events like production issues with Model 3 that led to stock downturns. The loss of investor confidence further aggravates the situation, as seen during similar crises in the past.

How important is it?

With key revelations about Cybertruck sales setbacks and safety recalls, the article directly impacts TSLA's market perception and future sales potential, creating urgency among investors to reassess risk.

Why Short Term?

Immediate negative sentiment from sales figures and recalls are likely to affect stock performance in the upcoming quarter, similar to reactions post-quarterly earnings in prior instances of disappointment.

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