Tesla Shares Plunge on Postponed Robotaxi Event to October
Thursday, 11 July 2024, 16:36
Tesla Stock Plunge
Tesla (TSLA) experienced a sharp 7% decline in its stock value due to the delay in the Robotaxi event originally scheduled for August.
Market Reaction
Investor sentiment took a hit as the postponement raised uncertainty about Tesla's autonomous driving capabilities and future market performance.
The delay has sparked concerns among shareholders and analysts, leading to increased market volatility and a challenging outlook for the company.
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