Tesla unveils its “Cybercab” on October 10, 2024 in Burbank, California.
Shares of electric vehicle maker Tesla sank after the company’s long-awaited robotaxi event — where CEO Elon Musk unveiled the firm’s Cybercab self-driving concept car — failed to impress investors.
Tesla stock was down 5% as of 4:45 a.m. ET in premarket trading on Friday.
– CNBC’s Michael Bloom contributed to this report