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Tesla shares drop 9% after Cybercab robotaxi reveal ‘underwhelmed’ investors

Tesla shares drop 9% after Cybercab robotaxi reveal 'underwhelmed' investors

Tesla unveils its “Cybercab” on October 10, 2024 in Burbank, California.

Source: Tesla 

Tesla shares closed down nearly 9% on Friday after the electric vehicle company’s long-awaited robotaxi event failed to impress investors.

CEO Elon Musk unveiled the firm’s Cybercab self-driving concept car — a low, silver two-seater, with no steering wheels or pedals — on Thursday night, at the company’s “We, Robot” event, and hyped his company’s…


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