Tesla stock plummets after Robotaxi delay; What is next for TSLA stock?

After an extensive rally that has seen Tesla (NASDAQ: TSLA) stock erase all the year-to-date losses and finally trade in the green in 2024, the unexpected and sudden hiccup in the Robotaxi unveiling event caused an 8.44% drop in a single trading session, with losses of 1.55% extending in the pre-market on July 12.TSLA stock 24-hour price chart. Source: FinboldThis meant that its competitors’ shares, such as Uber (NYSE: UBER) and Lyft (NASDAQ: LYFT), have surged in response to the news, gaining 6.15% and 4.6 ...