Core Viewpoint - Elon Musk has announced the imminent arrival of self-driving Tesla cabs and Robovans, alongside ambitious plans for Star Wars-style robots priced at $30,000 each, but investor skepticism remains high following a significant drop in Tesla shares after his latest demonstration [1][2][4]. Group 1: Investor Sentiment - Following Musk's recent product showcase, Tesla shares fell nearly 9%, reflecting investor skepticism regarding the feasibility of self-driving taxis and the company's history of unmet promises [4]. - Since Musk's acquisition of Twitter, Tesla shares have decreased by 4.7%, contrasting sharply with a 49% increase in the S&P index during the same period [6]. Group 2: Musk's Track Record - Musk's reputation has shifted from a "tech maverick" known for revolutionary achievements in cars and rockets to one associated with erratic management of Twitter, which has affected investor confidence in his other ventures [5]. - Despite the challenges at Twitter, some investors still believe in Musk's potential to revolutionize self-driving technology, suggesting that Tesla could dominate a significant market if successful [6][7].
Tesla investors don't seem to trust Elon Musk like they used to. Is that because of Twitter?