Gary Zhou 
Tesla’s Cybertruck is one of the most eagerly anticipated products in the company’s history and represents its boldest and most unique venture to date. Despite its polarizing design and futuristic appearance, the Cybertruck has garnered an astounding 1.9 million pre-orders, signaling its potential for success.
Gary Black, a Wall Street veteran and Managing Partner of The Future Fund, recently discussed the Cybertruck’s potential impact on CNBC’s Last Call. He believes that the Cybertruck could create a halo effect for Tesla, similar to what the Model Y achieved, benefiting Tesla investors. With deliveries expected to begin by the end of the third quarter and a base model priced below $50,000, Black predicts the Cybertruck will capture people’s interest and draw them to Tesla’s other offerings as well.
The Cybertruck’s appeal is expected to be particularly strong among younger pickup truck enthusiasts. Black emphasizes its powerful capabilities and towing capacity, comparing it favorably to an F-150. He is confident that once the Cybertruck hits the roads, it will garner a dedicated following among pickup truck owners.
Elon Musk has expressed his belief that the Cybertruck will revolutionize the automotive landscape, and with its remarkable number of pre-orders and promising specifications, it may surpass even Tesla’s own expectations. The Cybertruck’s imminent arrival has generated immense interest since its unveiling in late 2019, and it has the potential to become a game-changer in the electric vehicle market.
Watch the CNBC segment here.
