Tesla shares are trading lower following its Cybercab unveiling, with investors assessing a potential 2026 or 2027 timeline.
Portfolio Pulse from Benzinga Newsdesk
Tesla shares are experiencing a decline after the unveiling of its Cybercab, as investors evaluate a potential release timeline in 2026 or 2027.
October 11, 2024 | 2:19 pm
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Tesla shares are trading lower following the unveiling of its Cybercab, with investors considering a potential release in 2026 or 2027.
The decline in Tesla's stock price is likely due to investor concerns about the long timeline for the Cybercab's release, which may delay potential revenue and market impact. The market reaction suggests uncertainty about the product's future success and its impact on Tesla's financials.
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