this post was submitted on 13 Oct 2024
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346
RoboFlop: Tesla's Cybercab Event Torched By Analysts And Investors (insideevs.com)
submitted 1 month ago by AmbiguousProps@lemmy.today to c/technology@lemmy.world
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  • Investors, analysts and the general public seem deeply unimpressed with Tesla's robotaxi event earlier this week.
  • Tesla's stock closed down 8% on Friday, when it was supposed to be a propulsive event for the company.
  • CEO Elon Musk has vowed to make Tesla into an AI and robotics powerhouse, but proof of this plan feels in short supply.
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[–] Kecessa@sh.itjust.works 2 points 1 month ago (1 children)

Still doesn't look good for a company to lose 50% on its all time high

[–] scarabic@lemmy.world 1 points 1 month ago

True, that’s never what you want over the long haul.