As of Thursday’s close, Tesla’s stock price fell 11.55%, the market value evaporated more than 100 billion US dollars. Currently, Tesla’s market cap is $832.6 billion. On Wednesday’s fourth-quarter conference call.
Tesla CEO Elon Musk focused this year’s R&D efforts on the Optimus humanoid robot, saying that there will be no new models coming this year and no development in development.
A $25,000 affordable model with confirmation that production of the Cybertruck pickup is delayed until 2023. This disappointed many investors who were looking forward to Musk’s “updated product roadmap” for good news about the Cybertruck, Semi semi-trailer and future product plans.