EVsCNBC Techabout 2 hours ago
Tesla stock drops 6% as Cybercab update underwhelms
1 min read
Tesla shares slid 6% Friday after its Cybercab update underwhelmed investors. The Austin, Texas event was invite-only, lacked a livestream, and CEO Elon Musk didn't appear. NHTSA initiated an audit query into the Cybercab's safety compliance. RBC analysts cited limited new disclosure on pricing and approvals.
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