Following Tesla’s highly anticipated Robotaxi event, shares of the EV maker fell more than 5% in premarket trading to $224.68, while futures on the S&P 500 and Dow Jones Industrial Average both fell 0.1%, respectively.
The event was honestly a bit of a disappointment. Tesla showed off a new “cybercab” and “robovan” and talked about starting a limited robotaxi service as early as 2025. But there weren’t many technical safety details or discussion for Tesla executives except Elon Musk. Most of what Musk said has been said before.
In Friday trading, Tesla shares rose about 45% since Musk tweeted on April 5 that Robotaxi Day was coming. Shares rose about 6% in the month leading up to the Thursday night event.
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