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Tesla (TSLA) Stock Tumbles as Skepticism Mounts Over Autonomous Robotaxi Ambitions

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The Story

News Summary

  • Tesla’s autonomous vehicle ambitions face skepticism due to fierce competition and delayed timelines.
  • Despite CEO Musk’s bullish projections, rivals like Alphabet and Baidu lead in robotaxi deployments, casting doubt on Tesla’s near-term market dominance and contributing to recent share declines.
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TSLA price history

358.97 -14.41% over the displayed period

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