{
CarGurus, Inc.

Companies

}
Symbol CARG
Name CarGurus, Inc.
Currency USD
Sector Communication Services
IndustryGroup Telecommunication Services
Industry Diversified Telecommunication Services
Market NASDAQ Global Select
Country United States
State MA
City Cambridge
Zipcode 2141
Website http://www.cargurus.com
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cybertruck faces declining sales and rising recalls amid market challenges
The Cybertruck's market appears smaller than anticipated, with used values plummeting from $175,000 to around $110,000 amid a lack of trade-ins for traditional trucks. Six recalls in its first year have raised concerns, making it worse than 91% of 2024 vehicles, yet many buyers seem unconcerned about safety or longevity, drawn instead by its edgy design and status symbol appeal.
WIRED
United States Dollar Autotrader National Highway Traffic Safety Administration CarGurus, Inc. Tesla, Inc. Carwow CNN iSeeCars Edmunds.com Inc. USA GBR Elon Musk Karl Brauer Ivan Drury Show more
Technology & Innovation, News Article
13:00 25.11.2024
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