Tesla fell over 6% intraday, Cybercab Launch Below Expectations

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BlockBeats News, September 4th, according to BIT (bit.com) market data, Tesla saw its largest intraday decline of 6.3%. The highly anticipated Cybercab event on Thursday evening did not live up to Wall Street's expectations.

Prior to the Thursday event, Tesla's stock price had risen by 5.4%. Analysts stated that a strong event could have reversed the stock's upward momentum. The electric car company has staked its future on a transformation into the physical AI field, including autonomous driving and robotics technology.

Sumber: BlockBeats

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The three major US stock indexes experienced mixed movements, with cryptocurrency-related stocks generally falling. HOOD dropped over 1%, while AMC saw a significant narrowing of gains.

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