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Tesla shares close down 8% after report of robotaxi unveiling delay - TL;DR CNBC

Tesla shares close down 8% after report of robotaxi unveiling delay

Publishing timestamp: 2024-07-11 17:24:42


Summary

Tesla's CEO Elon Musk announced the unveiling of the company's robotaxi would be delayed from August to October, causing Tesla shares to fall about 8% after an 11-day rally. Musk has made promises about autonomous vehicles in the past, but Tesla has yet to deliver. The company is set to report second-quarter results later this month.


Sentiment: MIXED

Tickers: GOOGGMTSLA

Keywords: autoselon muskgeneral motors coelectric vehiclestesla incbreaking news: technologytechnologybusiness newsalphabet incalphabet class cenvironment

Source: https://www.cnbc.com/2024/07/11/tesla-shares-fall-6percent-after-report-of-robotaxi-unveiling-delay.html


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