Tesla Stock Slides as Its Robotaxi Event Disappoints. Time to Buy or Bail?

Tesla's (NASDAQ: TSLA) highly publicized robotaxi event failed to impress investors, who sent its shares tumbling following the presentation. The stock had rallied over the past quarter in anticipation of the event, despite the electric vehicle (EV) market continuing to see decelerating sales.Investors must decide whether this is a buying opportunity or a time to sell Tesla stock.After earlier pushing back its robotaxi event, which was originally scheduled for August, Tesla gave spectators the first look at its new cybercab design: a sleek, two-seat vehicle with no steering wheel or pedals. Of course, the design immediately begs the question of why only two seats, eliminating any families or group of friends using a single vehicle for a trip. However, Tesla also introduced a 20-passenger robovan, which it said could transport sports teams.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool