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Tesla shares drop 9% after Cybercab robotaxi exposes “underwhelmed” investors
Tesla’s shares dipped by almost 9% following a long-hyped unveiling of its robotaxi Cybercab, leaving investors somewhat disappointed. Although the presentation was quite ambitious by Elon Musk, the CEO of the company, analysts said the event was unhelpfully vague about timelines, product execution, and what Tesla plans in the near term. The show has set…