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Elon Musk faced tough times during the initial stages of his career, but his career has skyrocketed in the last couple of years.
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Elon Musk established many firms, and every single project performed excellently, whether we talk about Paypal, Tesla, or Space X.
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Drop in Stock Price
But the scenario changed a bit when a huge drop of 9% was seen in the stock of Elon Musk's Tesla firm.
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Project Showcasing
Elon Musk and his team were working on a project called Robotaxi, which they showcased at an event held in Los Angeles.
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RoboTaxi
Tesla lovers are very curious to know about the features of the Robotaxi, a kind of taxi with no pedals and steering wheels.
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Failed to Impress
The features were discussed by Elon Musk during the event. The investor was not impressed with the robotaxi, for which they waited for a long time.
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Consequences
Elon Musk's company Tesla had to face the consequences due to it. 9% is not a small number, especially for a company like Tesla.
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Will be Available
The production will fall in 2026 of showcased Cybercab. The price range will be less than 30k US dollars.
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