Phony Stark: Tesla shares plunge near 10pc as investors see through Musk’s robotaxi circus

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LOS ANGELES, Oct 12 — For a businessman who perpetually struggles with broken promises, Elon Musk gave himself quite a t...

Shares of ride-hailing firms Uber and Lyft were up about 5.8 per cent and 6.9 per cent, respectively, as analysts said the lack of details on Tesla’s robotaxis eased competition worries for the companies.

LOS ANGELES, Oct 12 — For a businessman who perpetually struggles with broken promises, Elon Musk gave himself quite a to-do list Thursday night at Tesla’s long-awaited Hollywood unveiling of its driverless robotaxis.

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Category: EconomyBusiness

Markets: MalaysiaChinaHong Kong

Topics: See Stark: 10pc Circus Plunge Near Investors Robotaxi Tesla Shares As Phony Through

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-12 @ 09:12:54 (21 hours ago)

News Timezone: GMT +8:00

News Source URL: malaymail.com

Language: English

Article Length: 862 words

Reading Time: 5 minutes read

Sentences: 31 lines

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Copyright Owner: © Malay Mail

News ID: 23007305

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