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Tesla shares slide after Cybercab robotaxi revealed (www.bbc.com)

submitted 4 months ago by [email protected] to c/[email protected]

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Elon Musk revealed a prototype of the long-awaited robotaxi at a Hollywood film studio - but investors aren't wowed.

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[–] [email protected] 13 points 4 months ago (1 children)

I remember when the Cyber Truck was revealed, including the whole window cracking thing there was a dip in Tesla stock, I was on Reddit the next day saying, yeah, it's ugly as sin, but if I was the investing type, it would be a smart time to invest, because Tesla stock would bounce right back and the fanboys would drool over it.

I was right, but after all that's happened since then, I wouldn't be brave enough to try to call whether things will trend back upward this time.

[–] [email protected] 8 points 4 months ago

I wouldn't be brave enough to try to call whether things will trend back upward this time.

It all hinges on whether they can ultimately deliver on unsupervised FSD in the next couple years. Supervised FSD is a pretty good Level 3 system, but if they can't progress to a Level 4 system, robotaxi is irrelevant.