technology

Tesla (TSLA) stock drops in premarket after Cybercab robotaxi reveal


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

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