news 
Tesla’s Robo-Taxi Launch Fizzles Out as Share Price Remains Steady
In a surprising turn of events, Tesla’s robo-taxi launch has failed to have any significant impact on its share price. Despite the highly anticipated debut, Tesla stock (TSLA) remained remarkably stable, showing little to no movement in the aftermath.
As investors focus on the company’s weak Q2 delivery expectations and looming tax credit threats, it seems the robo-taxi launch was a non-event in terms of market reaction. The news sent shockwaves through the market as analysts scrambled to reevaluate their positions and adjust their expectations.
But what does this mean for Tesla’s future? In the wake of the lackluster response, investors are left wondering how this could have happened. Is it a sign that investors no longer care about Tesla’s autonomous driving ambitions or is there another reason at play?
Tesla’s stock has been under pressure since the start of the year, losing 14% as investors grapple with weak demand and intense Chinese competition.
In the coming days, investors will be keeping a close eye on Tesla’s Q2 delivery numbers and potential changes to tax credits. Any significant movement in either could send shares reeling or soaring.
Source: coincentral.com
