Tesla’s woes with the Cybertruck deepen as South Korean battery supplier L&F Co. slashes its supply contract by 99%, from $2.67 billion to $6,738. Demand for the Cybertruck appears to be plummeting, with only minimal cathode material delivered. Sales projections fall dramatically short of CEO Elon Musk’s targets, raising concerns about Tesla’s manufacturing strategy. Quality issues, recalls, and executive departures add to the truck’s troubles. TSLA stock has underperformed, with analysts predicting an average price target of $395.32, below the current price of $460.
Read more at Barchart: Another Red Flag Is Waving for Tesla Stock. How Should You Play TSLA Heading Into 2026?
