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“Could It Be Right for the Battlefield?” Tesla Stock (NASDAQ:TSLA) Notches Up on a Reconsidered Cybertruck
The Cybertruck has been something of a mixed bag for electric vehicle giant Tesla TSLA +0.50% ▲ . Some believe it little more than a waste of time, while others love its harsh cyberpunk aesthetic. But a growing body of thought suggests that the Cybertruck may see a second life as a military vehicle. The idea is tempting, and investors seem interested. Tesla shares notched up fractionally in Tuesday afternoon’s trading.
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It turns out that 30mm chain guns are an excellent anti-drone defense system, noted a recent report. Normally these are attached to Apache attack helicopters, but in a nod to the “technical,” are also being mounted to civilian vehicles. The system is then connected to the Mobile—Acquisition, Cueing and Effector sensor, or the M-ACE. This improves targeting and the ability to take down drones.
The question, though, is what vehicle on which to mount the M-ACE and chain gun combination. That has a lot of people looking at the Cybertruck. The Cybertruck has not reached its sales goals in the civilian market, and there are about 10,000 Cybertrucks currently sitting on dealership lots. Tesla could be delivering Cybertrucks in job lots to war zones like Ukraine, which would readily mount the M-ACE and chain gun system. Add in the self-driving capability and the Cybertruck could be a point-and-forget anti-drone system on par with the best.
Trade TSLA with leverage
“When I Go to Bed at Night, It’s Pounding”
Meanwhile, a Tesla Supercharger lot on Moulton Street in San Francisco is proving a problem for area residents. The lot is open 24 hours a day, seven days a week, and area residents describe a panoply of problems. Loud, bass-heavy music, and drivers reportedly pouring out containers of human urine are just part of the problems.
The district has engaged with Tesla, and solutions are being worked out. Reports note that there are “no-noise” signs up, as well as road markings and app routing that encourages people to use particular exits. A security camera is also planned, but for now, the impact is limited. It would be easy to wonder why the police are not called to the area instead of expecting Tesla to clean up a charging lot.
Is Tesla a Buy, Hold or Sell?
Turning to Wall Street, analysts have a Hold consensus rating on TSLA stock based on 13 Buys, 11 Holds, and seven Sells assigned in the past three months, as indicated by the graphic below. After a 75.56% rally in its share price over the past year, the average TSLA price target of $399.25 per share implies 0.45% upside potential.
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