Tesla’s value drops $60bn after investors fail to hail self-driving ‘Cybercab’

Tesla’s value drops $60bn after investors fail to hail self-driving ‘Cybercab’

Investors criticised lack of detail about the ‘robotaxi’ showcased by Elon Musk

*Sickos meme*

Given it was nothing more than an airy promise lubricated with snake oil of a less-efficient and less-aesthetic bus or trolley, it's good to know investors aren't 100% gullible 100% of the time.

Couldn’t have happened to a realer company

I mean, maybe the investors saw this movie..

a close up of a man 's face with a blue hat on

Alt: a close up of robot driver of a "Johnny Cab" taken from the move "Total Recall" which features robotic taxis

I've never understood why anyone would give that snake oil salesman money.

It’s the beginning of his financial demise methinks.

Boo-fucking-hoo

Hahahahahahaha

i hope all his investors dump him like a hot rock

"Fail to hail" makes it sound like investors did something wrong for recognizing a con for a con and reacting accordingly.