On Thursday of this week, Tesla shares plummeted when it emerged that the brand has reportedly canceled the premiere of a self-driving taxi.
Tesla shares plunged 8.4 percent on Thursday this week. At the same time, competitors Uber and Lyft advanced significantly.
Bloomberg writes that.
The significant price drop is allegedly due to the fact that Tesla has chosen to postpone the premiere of the much-anticipated 'robot taxi', which the company's director Elon Musk has been talking about for years.
The premiere has, writes Bloomberg, been moved from August 8 to sometime in October. And even though it doesn't sound like much, it was enough for the market and thus the investors to start shaking their hands.
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According to the media, Tesla is not where it would like to be in terms of the development of the prototype of a robot taxi. However, the American brand has not yet commented on or confirmed the media's information.
Meanwhile, an image of a camouflaged Tesla is currently circulating the web. The car has been captured by a camera in California. And something the camouflage cannot hide is a sea of cameras on the car.
This has caused several people to speculate whether it is the robot taxi that Tesla is not ready to lift the lid on yet. However, the news of the delay, and the plunge in the stock it has brought, does not mean that the brand's stock is worthless.
On the contrary, despite countless wild outcomes from the factory, the Tesla share is actually one of the shares that is already performing best when you look at the listed car brands. It is a completely different story at Polestar, which has just received another warning from the stock exchange in New York. Read more about it here .
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