benzinga37d ago
After struggling to sell Cybertrucks, Tesla Inc (NASDAQ:TSLA) is seeing strong demand for the unique electric pickup truck.The demand could quickly fade away with the company standing behind a quick 10-day limited price drop. • Tesla stock is taking a breather. What’s ahead for TSLA stock?Tesla Stands Behind 10-Day DeadlineTesla recently lowered the price of the all-wheel drive Cybertruck with a starting price of $59,990. Tesla CEO Elon Musk followed up the pricing change by saying the change would be only for 10 days.The company is sticking to this deadline, with the price only available through Feb. 28, as reported by Teslarati.Musk told another user on social media that the price after 10 days would depend on demand. The company has not announced a new price for March and going forward, but based on strong demand, there is a chance that the pricing could stay low to keep demand high.The less expensive Cybertruck ...Full story available on Benzinga.com