Tesla Cybercab Launches, Stock Drops 6% Amid Probe — SkimNews
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- Tesla has officially launched the Cybercab, a vehicle offering rides without a steering wheel, as covered by Ars Technica, Wired, and the New York Times.
- Tesla's Cybercab is already under investigation on launch day, prompting a 6% drop in Tesla's stock as the update underwhelmed markets.
Why it matters: Tesla launched a steering-wheel-free vehicle into a rides service and immediately drew regulatory scrutiny, with investors reacting by sending shares down 6% — the simultaneous debut-and-investigation combo underscores how far ahead of regulators the Cybercab rollout has moved.
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