Electric Vehicle (EV)

Elon Musk Promises Tesla Robotaxis in a Few Years – Stock Drops 7%

Elon Musk unveiled Tesla’s latest autonomous vehicle concept, the “Cybercab” robotaxi, with his signature flair and ambitious timelines that have become all too familiar to investors. Promising driverless transportation in a few years with scant details, Musk’s presentation has fallen flat as Tesla shares are down seven percent in morning trading.

Elon Musk looks nonplussed