I called it! Tesla's stock did take a hit post-Robotaxi reveal.

After all the hype, Tesla's stock dropped significantly following the Robotaxi event. Just as I guessed, the market wasn't too thrilled. The stock plummeted by 8.78%, closing at $217.80, with its market cap shrinking by about $670 billion! This isn't just a small dip either—Tesla's stock has dropped over 12.9% this week alone, marking its lowest level in over a month.

The lack of detailed plans for the Cybercab and Robovan left investors feeling underwhelmed. While Musk touted a $30,000 price tag for the Cybercab and hinted at cost advantages for Tesla's self-driving tech, many analysts, like those from Barclays, pointed out that these ideas lack clarity and near-term feasibility. Even Morgan Stanley analysts, while acknowledging potential cost advantages for Tesla over Uber and Lyft, highlighted the long road ahead due to regulatory, safety, and technical challenges.

Tesla's ambitious promises have yet to translate into tangible results, and investors seem to be losing patience. The excitement around the Robotaxi hasn't been enough to distract from the company's overall financial performance, which continues to face hurdles.

Looks like the market has spoken for now—there's still a lot of uncertainty surrounding Tesla's ability to make these new projects deliver in the near term.

So, if you bet "down" with me on the bounty, congrats! #tesla