Tesla Stock, Other EV Makers Sell Off After Elon Musk Tempers Cybertruck Expectations

Tesla shares tumbled in early trading after Chief Executive Elon Musk tempered expectations for the company’s new Cybertruck.

“It’s a great product, but financially, it will take, I don’t know, a year to 18 months before it is a significant positive cash flow contributor,” Musk told investors late Wednesday.