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
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