Musk: Tesla to end Cybertruck production at Texas factory

Although the news of a Cybertruck production halt is a negative signal, the impact may remain moderate in the short term, as Cybertruck's share of Tesla's product portfolio is limited. Technical indicators already point to oversold territory: RSI14 stands at 20, and the price is clearly below SMA20 and SMA50. After the 15.8% decline in the last 24 hours, short-term bargain buying may emerge, which would limit downside. Nevertheless, given the negative news flow and weak momentum, the 1-3 day outlook is tilted lower. High volatility should be taken into account.

The news is not directly related to GOOGL; Tesla's Cybertruck production decision does not have a fundamental impact on Alphabet. The technical picture is weak: the price is below the SMA20 and SMA50, the RSI is at 42 in the neutral-to-weak zone, and the MACD is slightly below the signal line. Since the 24-hour change is limitedly negative, there is no clear directional pressure in the short term. Although the news may have an indirect effect through sector sentiment, the 1-3 day outlook for GOOGL is predominantly sideways. Therefore, a neutral assessment is appropriate.