Tesla To Delay Robotaxi Event By 2 Months, Stock Slides 7%

Benzinga 2024-07-11

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Tesla's decision to postpone its RoboTaxi unveiling to October leads to a 6.14% drop in its shares amid increased development time. Months ago, Chief Executive Officer Elon Musk scheduled the event for August 8. China's robotaxi initiative gains traction, affecting markets as Baidu's shares surge on growing interest in its Apollo Go service.

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