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DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
Tesla's stock ($TSLA) has experienced a significant decline, dropping 5% following news related to its robotaxi launch delay. Market algorithms have started selling off since the stock broke the $250 psychological barrier. Despite the anticipated robotaxi unveil on August 8, analysts remain skeptical about its feasibility, doubting Tesla will achieve the necessary 99.99% efficacy for unsupervised operation and assume liability for any injuries or damages. The delay, which is expected to last 2 months, has also led to some investors shifting their focus to Uber ($UBER).
You really think the timing of this $TSLA "news" isn't suspect? I loaded 5,000 at the $245.
$TSLA #Update Now Algos have started selling since 250 Psych breakdown! How they hold it up everyday and then Elevator Down! Been waiting for this👊 https://t.co/RlJ3sPqfcf https://t.co/nedOWDSxTv
As I discussed last week. $TSLA “We continue to view TSLA’s 8/8 robotaxi unveil as a non-event, since we doubt TSLA will launch an unsupervised robotaxi that operates at 99.99% efficacy and assume liability for any injury or damage. Anything less than that is essentially no… https://t.co/11NLK3GWeX
