Tesla stock tumbles after Elon Musk's unimpressive robotaxi event
- by NBC Bay Area
- Oct 11, 2024
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Musk announced Thursday that anyone would be able to buy a Tesla robotaxi for $30,000 two years from now, and current Tesla vehicles will be able to drive themselves with no one in it.
Shares in Tesla plunged about 6% in premarket Friday after Elon Musk and his dancing robots failed to impress with the electric vehicle company's robotaxi unveiling.
Shares in Tesla Inc. (Nasdaq: TSLA) closed Thursday at $238.77. The stock opened Friday at $220.13 and went as low as $214.38 in early morning trading.
Friday's closing price was $217.80.
Musk said the company hopes to be producing the Cybercab before 2027, but offered no details on where the cars will be manufactured, according to CNBC's report Friday.
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