Elon Musk's net worth once again topped the $1 trillion mark this week—and few people have had a closer look at the forces behind his success than his former deputy Linda Yaccarino.
The 30-year media veteran was tapped as CEO of then-Twitter in 2023, stepping in as Musk was remaking the social platform from the ground up, and she got a firsthand look at the philosophy driving his companies, from Tesla to **** eX: Move fast, rethink everything, and don't wait for tomorrow.
"The reason his companies are singular in what they deliver is because of the insatiable sense of urgency. There's not a deadline for a project or to ship something, a product—it's now," Yaccarino told Fortune.
That mindset, she said, changes how you approach virtually any challenge. Rather than simply working toward a deadline, it forces you to strip a project down to its most essential pieces and figure out what actually needs to happen to succeed.
"A lot of people talk about first principles, but that's what it forces you to do," Yaccarino added.

#look #project

The S&P 500 hit a record Tuesday as it rose for a fourth straight day, supported by rising technology stocks, hopes for a positive earnings season and a pause in oil’s recent surge.
The broad-based index closed higher by 0.58%, its first record closing high since Aug. 13. The Nasdaq Composite also jumped 0.45%. It also hit a record high for the second time this week.
The S&P 500 and the Nasdaq’s gains were overwhelmingly powered by gains in tech companies, such as chipmakers Marvell and Broadcom.
Nvidia, the world’s largest public company, also rose and moved closer to becoming the first company to ever reach $6 trillion in market value. Other trillion-dollar tech stocks also rose Tuesday. Microsoft, Amazon, **** eX, Meta Platforms and Tesla shares all traded in the green.
Investors are also looking forward to the start of the third quarter’s earnings season, which begins in earnest next week with the country’s biggest banks reporting their results.

#rose

One-time trillionaire Elon Musk is known for his bombastic behavior and predictions. At one point in early 2012, he proclaimed that Tesla would be entirely self-funded.
"Tesla does not need to ever raise another funding round," Musk said in February 2012 in response to a question on the company's financial position and the speed at which it was burning through cash. He relayed robust confidence in managing Tesla's self-funded future at the time.
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#tesla

Chrishell Stause was left unimpressed with her ex-boyfriend Jason Oppenheim's enthusiastic praise of Elon Musk's Tesla technology.
The "Selling Sunset" star mocked Oppenheim for praising Tesla and announcing plans to get vehicles with Full Self-Driving technology for his employees.
OK! Magazine reported that Oppenheim recently shared a video of himself using Tesla's Full Self-Driving (FSD) technology during a commute from Newport Beach to The Oppenheim Group's Los Angeles office. Oppenheim praised the technology, saying that the 1-hour, 15-minute commute would be a breeze. He claimed that the car would drive itself and stop at his office parking lot without him needing to touch the steering wheel.
"This is the most important video that I've ever posted," Oppenheim began. He praised the technology as "so safe" and explained why he had decided to part ways with his Bentley.
"I have no need for it. I'm not going to drive it," he said. "I'm going to be getting self-driven around from here on out," he added.

#driving #commute #office

TikToker Kenni Lee (relatablekenni) shared a strange night out that left her questioning a stranger's intentions. Lee said a woman approached her group after one of Lee's friends had stepped away. The woman then invited Lee alone to the dance floor. Lee said the woman quickly focused on another man instead.
Lee said a friend later pulled Lee away after noticing the strange interaction.. The woman returned and claimed the man had tried to traffic her. Lee said she found the claim confusing, since she had seen the two of them interacting closely just before. The woman later offered to buy Lee a drink, but Lee insisted on getting it herself.
Lee said she barely drank the beverage before giving it to her friends. Later, the woman asked Lee and her friends to walk her to her car. The group walked through an alley before the woman said she could not find it. She then pointed to a dark residential street far from the nightlife area.
Lee said her friends refused to continue because the location felt suspicious. The woman then claimed she needed a bathroom and walked behind a large truck. Lee said the woman did not actually use the bathroom before returning. Moments later, a white Tesla pulled up and asked where everyone was going.
According to Lee, the woman then entered the stranger's car, despite her earlier claims of fear. Lee questioned the driver, who said he came from the Bay Area. The woman immediately said she came from the Bay Area too, according to Lee. Lee then gave her a backup number and stayed on the phone temporarily.

#according

Elon Musk is the father of 14 children
He shares six kids with his ex-wife, Justine Wilson, and three children with Grimes
Musk also has four kids with Shivon Zilis and one child with Ashley St. Clair
Elon Musk is the dad of 14 children whom he welcomed with four different women.
The Tesla founder first became a father with his ex-wife, Justine Wilson. The former couple welcomed six children between 2002 and 2006, including their first son, Nevada, who died at 10 weeks old.

#children #wilson #four

Shivon Zilis, Elon Musk's longtime partner and the mother of four of his children, has announced their split in a lengthy post on X.
Zilis, who previously worked at Musk's car company Tesla and is now at his technology firm Neuralink, is mother to four of the billionaire's 14 known children. The pair's romance dates back to 2016, though the details of their relationship have been kept quiet.
"It's hard to go from in love to let go in a week with no warning, but that's just how it is sometimes," Zilis began.
"I feel happy that I got to show Elon how it feels to be deeply understood, nurtured, and peacefully loved with stability and gentleness. Given the tumultuous nature of his early life, his often tortured soul, and how hard he fights for humanity I wanted him to feel the deepest and most stable form of love this world can provide. My heart is full knowing I got to do that, and I hope it leaves a lasting good effect.
"We were always his safe **** e," she continued. "A place where all of us were overjoyed to see him and one that was always full of happiness and love, not war, in contrast to his otherwise militant existence (a needed break from the battlefield where he could recharge his heart and soul before heading back out).

#mother

Elon Musk and his partner Shivon Zilis have called it quits.
Zilis, 40, announced the split Oct. 2, in an X post after a big-tech-focused X account shared that Musk was no longer following Zilis, who shares four children with the ******* eX and Tesla CEO.
"It's hard to go from in love to let go in a week with no warning, but that's just how it is sometimes," Zilis wrote in an X post. "I feel happy that I got to show Elon how it feels to be deeply understood, nurtured, and peacefully loved with stability and gentleness."
Zilis also attached a screenshot of what appeared to be some of the final text messages she and Musk exchanged before the split.
Zilis, a Yale-educated tech executive, first crossed paths with the South African-born businessman when she joined OpenAI in 2016, and according to People, the couple's romance began after Musk acted as her sperm donor.

#shivon

While Shivon Zilis shared the news of her breakup with Elon Musk, the tech billionaire went on a posting spree on X.
Zilis — an executive at Musk's tech company Neuralink and the mother of four of his children — posted on X at 10:07 a.m. ET, sharing a lengthy explanation surrounding the breakup.
"It's hard to go from in love to let go in a week with no warning, but that's just how it is sometimes," Zilis began.
Musk, meanwhile, neither responded to Zilis's post nor wrote one of his own about the split.
Instead, he posted multiple times about his companies ****** eX, Starlink, and Tesla, while also welcoming Paramount Skydance CEO David Ellison to X — the social media platform he bought for $44 billion in 2022.

#breakup #neuralink

Shivon Zilis says she feels grateful towards Elon Musk for their four kids amid their breakup
The tech executive said Musk recently ended their relationship abruptly in a post on X
The former couple shares twins Strider and Azure plus daughter Arcadia and son Seldon
Elon Musk's ex Shivon Zilis says she's grateful for their four kids following their abrupt breakup.
In a lengthy post on X on Friday, Oct. 2, Zilis, a tech executive, said she is "beyond grateful" for the former couple's four kids while sharing that she and the Tesla CEO have split. Zilis and Musk are parents to twins Strider and Azure, born in 2021, daughter Arcadia, born in 2024, and their youngest, son Seldon, whose birth was announced in early 2025.

#grateful #kids #strider

Shivon Zilis, Elon Musk's longtime partner and the mother of four of his children, has announced their split in a lengthy post on X.
Zilis, who previously worked at Musk's car company Tesla and is now at his technology firm Neuralink, is mother to four of the billionaire's 14 known children. The pair's romance dates back to 2016, though the details of their relationship have been kept quiet.
"It's hard to go from in love to let go in a week with no warning, but that's just how it is sometimes," Zilis began.
"I feel happy that I got to show Elon how it feels to be deeply understood, nurtured, and peacefully loved with stability and gentleness. Given the tumultuous nature of his early life, his often tortured soul, and how hard he fights for humanity I wanted him to feel the deepest and most stable form of love this world can provide. My heart is full knowing I got to do that, and I hope it leaves a lasting good effect.
"We were always his safe ****** e," she continued. "A place where all of us were overjoyed to see him and one that was always full of happiness and love, not war, in contrast to his otherwise militant existence (a needed break from the battlefield where he could recharge his heart and soul before heading back out).

#love #mother #four

Elon Musk and his on-and-off girlfriend have broken up.
In a post shared on X on Friday, October 2, Shivon Zilis, who shares four children with the Tesla cofounder, 55, revealed that Musk had let her "go" with "no warning" just a week after seemingly being "in love."
"I feel happy that I got to show Elon how it feels to be deeply understood, nurtured, and peacefully loved with stability and gentleness. Given the tumultuous nature of his early life, his often tortured soul, and how hard he fights for humanity, I wanted him to feel the deepest and most stable form of love this world can provide. My heart is full knowing I got to do that, and I hope it leaves a lasting good effect," Zilis, 40, wrote.
Calling her and their four children together, twins Strider and Azure, 4, Arcadia, 2, and Seldon, 1, his "safe ******* e," Zilis said their home life served as a place for the tech giant to unwind after tough days in the field.
"We were always his safe ******* e. A place where all of us were overjoyed to see him and one that was always full of happiness and love, not war, in contrast to his otherwise militant existence (a needed break from the battlefield where he could recharge his heart and soul before heading back out)," the director of operations and special projects at Neuralink continued. "I loved being that counterbalancing place of safety, sense of calm, and love — and delighted in bringing a smile back to his face when he was down."

#love #musk #children #life

Intel Corporation (NASDAQ:INTC) is targeting a potentially significant opportunity through its strategic Terafab partnership with companies **** ociated with Elon Musk, including **** eX, Tesla, and xAI. The initiative is part of an ambitious semiconductor manufacturing project focused on producing advanced chips for artificial intelligence (AI), robotics, autonomous vehicles, and other compute-intensive applications.
On September 15, Tigress Financial highlighted the strategic importance of the alliance to Intel's turnaround prospects. The research firm reiterated its Buy rating on Intel and raised its price target to $145 from $118, citing the company's long-term growth opportunity.
The Terafab partnership could provide Intel's foundry business with exposure to customers that have substantial AI and high-performance computing requirements. Securing external customers could help Intel increase manufacturing scale while improving the utilization and economics of its foundry operations.
The partnership could also support Intel Corporation (NASDAQ:INTC)'s efforts to improve its semiconductor manufacturing technology. Greater production volumes and engagement with demanding customers could provide opportunities to improve manufacturing economics, yields, and scalability as Intel works to strengthen its competitive position in advanced chip manufacturing.
Beyond manufacturing scale, Terafab could expand Intel's role in the broader AI semiconductor supply chain. The company has historically been heavily **** ociated with CPUs, but growing its foundry business could give it greater exposure to AI accelerators, custom silicon, and other specialized compute applications. A relationship with major AI-focused customers could also help provide greater visibility into future manufacturing demand.

#Intel

Coinbase Global (NASDAQ: $COIN) has filed for regulatory approval to list perpetual futures tied to individual large-cap U.S. stocks, opening the door to 24/7 leveraged trading of shares such as Apple, Microsoft, Tesla and Nvidia on a regulated U.S. platform.
The exchange plans to offer contracts linked to roughly 50 to 60 major stocks, with trading potentially starting later this year if regulators approve the products, according to The Wall Street Journal.
Perpetual futures, commonly known as perps, are derivatives that do not have an expiration date. Traders can keep positions open indefinitely, while leverage can magnify both gains and losses.
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#perpetual #global #coin

For the past few years, investors could hardly go wrong simply putting their money into the economy's biggest companies. The Magnificent Seven stocks -- Nvidia, Microsoft, Apple, Amazon, Meta Platforms, Alphabet, and Tesla -- were almost single-handedly pulling the S&P 500 higher, and investors consistently chased them.
This year has been a different story. The Roundhill Magnificent Seven ETF is up 6% year to date, but it trails the 12% return of the Vanguard S&P 500 ETF and the 27% return of the Vanguard Information Technology ETF.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
I see two factors in particular having changed this year.
From 2023 to 2025, investors bought the biggest and earliest winners from the artificial intelligence (AI) trade. That's no longer the case.

#investors #vanguard

The Magnificent 7 stocks are having a tough ride in 2026, and only Apple (AAPL) is outperforming the Nasdaq 100 Index ($IUXX). Digging deeper, Nvidia (NVDA) is the only other constituent that is up in double digits. Despite its recent rally, Tesla (TSLA) is still down over 18% year-to-date (YTD) and is the worst-performing Mag 7 stock.
The price action is not difficult to explain. Investors are now getting increasingly wary of tech companies' ever-rising capex to build artificial intelligence (AI) infrastructure. Apple was an outlier in the AI buildout race and is now sitting pretty as investors realize that waiting it out wasn't exactly a bad move on the iPhone maker's part.
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#aapl #iuxx

Data center developer Crusoe said Thursday it raised $3.9 billion in a Series F round that pushes its valuation to $30.9 billion. The massive round was co-led by Atreides Management, Mubadala Capital, and Valor Equity Partners. Founders Fund, GIC, Nvidia, Qatar Investment Authority (QIA), Radical Ventures, and TPG also participated, according to Crusoe.
Crusoe also announced three new board members, including Cloudflare CFO Thomas Seifert; Bill Stein, partner and CIO at Primary Digital Infrastructure; and Redwood Materials founder and CEO JB Straubel, who also sits on Tesla's board. Straubel already has ties to Crusoe; he personally invested in the company in 2021, and Crusoe later became the first customer of Redwood's energy storage business.
The eight-year-old company's fresh capital infusion will help finance existing data center projects, including a large site in Abilene, Texas, used by OpenAI, as well as smaller, modular AI factories that can be transported by truck and connected to large power sources almost anywhere.
By manufacturing these modular data centers, called Spark, at its own facilities, Crusoe can deploy compute capacity quickly and without the need for large construction workforces. The smaller centers could also help Crusoe sidestep, at least in part, another major obstacle facing data center developers: backlash from local communities protesting massive complexes near their neighborhoods.
Crusoe co-founder and CEO Chase Lochmiller, who is pictured above, said in a statement he believes AI will usher in an era of abundance, but to get there will mean "controlling the infrastructure from electrons to tokens, and we're grateful to have investors who share that conviction."

#straubel #round

Tesla's (NASDAQ: TSLA) business is in an interesting spot. The company saw a significant sales rebound in the second quarter, with revenue rising 26% year over year to reach $22.5 billion. Recent reports also suggest that the company's share of the U.S. electric vehicle (EV) market has risen sharply amid a substantial sales contraction for the overall industry. And while the company's net income fell 5% annually in the second quarter, the business still recorded net income of $1.11 billion in the period.
On the other hand, positive net income doesn't tell the whole story because the metric doesn't include capital expenditures (capex) that are recorded as ****** ets on the balance sheet. With Tesla betting big on its robotaxi project, Optimus humanoid robots, and other potential growth drivers, the company recorded $5.79 billion in capex in Q2. As a result, the business posted -$1.1 billion in free cash flow (FCF) in the period. With FCF coming up negative lately, the company's $43.5 billion cash position provides a valuable cushion.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Tesla posted substantial sales growth in the second quarter as some of the pressures facing the brand eased, higher gas prices encouraged EV purchases, and price cuts helped spur demand. On the other hand, it remains to be seen whether this sales growth momentum is sustainable -- and banking on the core EV business to be an earnings driver that can support the company's highly growth-dependent valuation seems unwise.
While Tesla has seen competitors based in the U.S., ****** an, and South Korea reduce their focus on the EV market, BYD and other China-based rivals are making inroads in the market and continue to bet heavily on long-term growth in the category. CEO Elon Musk appears to have a good grasp on the challenging competitive landscape and has been positioning robotaxis, humanoid robots, and semiconductor projects as the core elements of his company's growth strategy.

#NVIDIA

Uber Technologies Inc. (NYSE:UBER) has secured Madrid as the fourth city covered by its partnership with WeRide, bringing Spain into its rapidly expanding autonomous vehicle network. The company's broader AV strategy covers more than 30 partners, while Uber expects to commit more than $10 billion across AV investments, infrastructure, and vehicle offtake over the coming years. At the center of that strategy is Uber's decision not to build self-driving technology itself. Instead, the company wants to become the indispensable demand layer for whichever AV providers ultimately emerge as winners. Yet the diversification strategy is facing pressure in key areas. One of its most prominent AV partners is pulling back, while another remains under an active safety investigation.
Uber, WeRide, and AVOMO have secured Spain's first national permit covering level 4 autonomous passenger vehicles. The permit was issued by Spain's Directorate General of Traffic and allows the companies to begin deployment preparations on public roads in Madrid. Under the permit, WeRide can test its GXR vehicles and conduct roadmapping throughout Madrid in preparation for a commercial launch planned for year-end. The rollout will begin with 20 vehicles, each supervised by an in-car specialist, operating across high-demand areas of Greater Madrid. Madrid becomes the fourth city included in the Uber-WeRide partnership, which plans to reach 15 cities globally by 2030. The expansion also fits Uber's broader ******* et-light AV strategy, which includes more than 30 partnerships while Uber expects to commit over $10 billion across AV investments, infrastructure, and vehicle offtake over the coming years.
The diversification of Uber's AV network does not eliminate risks from individual partners. Uber and Waymo confirmed in late June that their Phoenix partnership had ended, while Waymo is reportedly considering a broader exit from its relationship with Uber. This comes even as Uber executives have publicly criticized Waymo's model while investing substantial capital in competing fleets. Avride is facing a separate challenge, with the NHTSA investigating the Uber AV partner after multiple crashes. At the same time, Tesla is ramping up its own Cybercab fleet, while Waymo has raised $16 billion to accelerate its independent growth. Together, these moves could reduce Waymo's reliance on Uber while increasing competitive pressure on Uber's AV platform.

#madrid #waymo

It's hard to overstate how important the Model Y was for Tesla's (NASDAQ: TSLA) overall growth journey. Today, that model alone accounts for more than 90% of Tesla's vehicle sales. The Model Y allowed Tesla to significantly expand its sales base, which, in turn, enabled the company to scale its production facilities to reach economies of scale -- the driving force behind Tesla's 24-quarter streak of consecutive profits.
In short, the Model Y is one of the biggest factors behind Tesla's current $1.1 trillion market capitalization.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Rivian Automotive's (NASDAQ: RIVN) valuation, meanwhile, still hovers just above $20 billion. This valuation gap has many causes. But for years, the biggest issue was that Rivian lacked an affordable vehicle priced for the masses like the Model Y. Rivian addressed that problem this summer when it began deliveries of its R2 SUV -- its first vehicle priced under $50,000.
Next month, investors will get the first meaningful update on how Rivian's sales and production capacities are scaling for the R2. Here's exactly what you should be paying attention to.

#rivian #signal

Lucid (LCID) shares are pushing higher on Sept. 17 after the electric vehicle (EV) company announced a robotaxi partnership with European ride-hailing giant Bolt. Under the terms of this agreement, Bolt will deploy 25,000 autonomous robotaxis across Europe, using LCID's upcoming mid-size vehicle platform.
Despite today's rally, Lucid stock is down more than 60% versus the start of this year.
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#lucid #vehicle #despite #time

Generac Holdings (GNRC) shares ripped higher on Sept. 17 after management announced a multi-billion-dollar commercial partnership with Amazon (AMZN). In its press release, GNRC said its pivotal supply agreement with the cloud and e-commerce giant is designed to furnish backup power solutions for its expanding data center footprint.
The AMZN news brings much-needed reprieve to Generac stock that was otherwise down roughly 40% versus its year-to-date high in late June.
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#amzn #holdings #load

Every time Silicon Valley's biggest names line up behind a single message, someone eventually asks who benefits from such universal agreement. This time, that someone was the investor best known for calling the housing crash before almost anyone else saw it coming.
Michael Burry has spent the past year building a reputation as one of the AI industry's loudest skeptics. His latest target is not a stock but a story. When three of the sector's most powerful executives suddenly agreed the technology needed to slow down, Burry saw the timing as less about caution and more like a self-serving pitch.
Burry has spent much of 2026 building short positions against companies tied to the AI trade, disclosing bets against Nvidia, Tesla, Micron, Applied Materials, Caterpillar and a leading semiconductor ETF, according to TheStreet.
On September 14, Burry published a post on X and on his Substack, Cassandra Unchained, arguing that people should take a moment to understand how self-serving it is for OpenAI, Anthropic and other big hyperscaler executives to talk about slowing things down. The post circulated quickly across financial media, Yahoo Finance reported.
Related: Michael Burry doubles down on his surprising AI bet

#michael #time #someone

Shares of Rum Group (RUM), the company formerly known as Rumble, rallied almost 12% on Sept. 14 after The Information reported that it bagged a $13.7 billion compute deal with Anthropic. This is a major win for the company following its rebirth as Rum Group; the company now has an AI cloud and infrastructure division called Quake AI following its acquisition of Northern Data in June 2026.
The demand for compute is real and only expected to grow, irrespective of the AI slowdown fears currently engulfing the market and driving the share prices of AI companies lower. Let's take a closer look.
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#sept #anthropic

The S&P 500 Index ($SPX) (SPY) closed down by -0.45% on Wednesday, the Dow Jones Industrial Average ($DOWI) (DIA) closed down by -1.21%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.02%. E-mini S&P futures (ESU26) fell -0.42%, and September E-mini Nasdaq futures (NQU26) rose +0.05%.
Stock indexes gave up an early advance and settled mixed on Wednesday, with the S&P 500 falling to a 6-week low, and the Dow Jones Industrials sinking to a 3-month low. The broader market retreated on Wednesday after the FOMC voted unanimously to raise interest rates by +25 bp and signaled one more rate hike later this year to contain inflation.
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#Stock

Expedia (EXPE) shares closed meaningfully lower on Sept. 16 after a senior Morgan Stanley ******* yst, Brian Nowak, downgraded the travel technology company to "Underweight." In his research note, Nowak ******* igned a $235 price target to EXPE, indicating it could sink another 20% from current levels.
His bearish call is significant given Expedia stock has already been in a downtrend, with its price currently trailing the recent high by about 15%.
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#Stock #morgan #brian #underweight

J.B. Hunt (JBHT) shares crashed on Sept. 16 after management issued an unexpected profit warning for the company's third financial quarter. Speaking at the Morgan Stanley Industrial Conference, leadership cautioned that operational headwinds could result in a sequential decline of as much as 10% in the firm's Q3 per-share earnings.
Including today's decline, J.B. Hunt stock is down roughly 20% versus its year-to-date high.
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#industrial

International Business Machines (IBM) has secured a landmark $1 billion federal award from the U.S. Department of Commerce under the CHIPS and Science Act. The deal finalized non-dilutive funding to accelerate quantum wafer manufacturing at Anderon, a dedicated quantum foundry company spun out by IBM.
At the time of writing, IBM shares are down about 17% versus the start of this year.
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#international #commerce

Nvidia (NVDA) has been powering the ongoing artificial intelligence (AI) boom. Its graphics processing units (GPUs), central processing units (CPUs), networking products, and increasingly integrated AI systems continue to benefit from enormous investments in data center infrastructure. As a result, NVDA has continued to deliver impressive financial results.
Notably, concerns about a potential slowdown in AI development have weighed on semiconductor stocks, raising fears that the enormous spending on AI infrastructure could eventually moderate. However, demand for Nvidia's products is unlikely to slow, and the company could continue delivering extraordinary growth.
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#nvda #processing #units #infrastructure

Tesla (TSLA) has had a rough 2026. The stock is down about 20% year-to-date (YTD), falling from $458.34 on the first trading day of the year to $297.38 in late July. That is a decline of more than 27% from peak to trough.
Its much-publicized Cybercab launch also disappointed investors. Tesla launched the robotaxi service in Austin on Sept. 3 with only 45 vehicles registered in Texas. The stock then dropped nearly 6% the next day, wiping out its 5.4% pre-launch gain, after federal safety regulators opened an audit into about 1,000 steering-wheel-free vehicles. Tesla's Model Y-based driverless ride service is still limited to seven U.S. metro areas.
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#tesla #Tsla