Tesla shares drop after robotaxi unveiling

Update: 2024-10-11

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Time now for our daily Tech and Business Report. Today, KCBS Radio anchor Holly Quan was joined by Bloomberg's Dana Hull.

Elon Musk unveiled Tesla's long-awaited robotaxi in Los Angeles last night. Musk showed off a two-seat cybercab, which he says could cost less than 30-thousand dollars. And yet, shares in Tesla are down more than 7 percent today.

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Tesla shares drop after robotaxi unveiling

#box-pro-ellipsis-172931278810144{-webkit-line-clamp:2;}Tesla shares drop after robotaxi unveiling

Tesla shares drop after robotaxi unveiling

Tesla shares drop after robotaxi unveiling