Tesla's stock drops as Cybercab update 'underwhelms' Wall Street

Tesla shares fell 6% after investors were unimpressed by the long-awaited Cybercab update. Separately, the NHTSA opened an “audit query” to assess whether the Cybercab robotaxi meets U.S. safety standards. The combination of a post-update selloff and fresh regulatory scrutiny is likely to weigh on near-term sentiment toward the autonomous/robotaxi roadmap.