Published

Tesla shares drop 8% after Cybercab robotaxi reveal fails to impress

  • Tesla shares fell 8% in pre-market trading after the Cybercab robotaxi reveal failed to impress investors.
  • Elon Musk unveiled Tesla's Cybercab, a self-driving prototype without a steering wheel or pedals, on Thursday night.
  • Investors are worried about the uncertainty of regulatory clearance for FSD and lack of near-term catalysts for the stock.
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