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Tesla stock drops after weak deliveries, Musk announces Robotaxi
Tesla's stock price has been on a downward spiral, fueled by concerns over weaker-than-expected delivery numbers. Reuters also reported that tesla was shelving plans for a cheaper electric vehicle. In an attempt to change the narrative, CEO Elon Musk announced plans to unveil a Tesla Robotaxi in August. This news caused a temporary stock bump, but some analysts remain sceptical.
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