Please ensure Javascript is enabled for purposes of website accessibility

Why Tesla Launching a Cyberquad for Kids Is Genius

By Neil Rozenbaum – Dec 3, 2021 at 6:00AM

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

It's been two years since the Tesla Cybertruck was announced.

In this video, I will talk about the genius behind launching a Cyberquad for children, what it could mean for the upcoming Cybertruck, and Tesla's (TSLA 6.24%) gross margin compared to other automakers. You can find the video below, but here are some highlights. 

  • Earlier this week, Tesla launched various cyber products on its website, including the Cyberwhistle and Cyberquad for KidsSpeculation started circulating that this might be Elon's way of telling us that we might get some Cybertruck news soon. But it is most likely something the company wanted to do for Cyber Monday. 
  • Back in 2019, when the Cybertruck was announced, Elon had already talked about the possibility of launching an electric ATV by late 2021. He also said that Tesla would like to launch that product alongside the Cybertruck, so maybe this junior version of the product is a little teaser.
  • The launch of Cyberquad for Kids, which has sold out twice already, is genius because it revives interest for a product that the company announced two years ago, and these things driving through your neighborhood will certainly get a lot of attention.  
  • Tesla has higher profit margins on much smaller production than VW, GM, and Ford
  • As I mentioned in my last Tesla article, 2021 was just a little preview. 2022 will be a much bigger year for Tesla's business. 

For the full insights, do watch the video below, and consider subscribing. 

*Stock prices used were the closing prices of Dec. 2, 2021. The video was published on Dec. 3, 2021.

Neil Rozenbaum owns shares of Tesla. The Motley Fool owns shares of and recommends Tesla and Volkswagen AG. The Motley Fool has a disclosure policy. Neil is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

Premium Investing Services

Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.