Shares of Tesla rose less than 1% in premarket hours before the start of regular trading. The stock is down 17% so far this year.
(April 24): Tesla Inc has started manufacturing its Cybercab robotaxi, chief executive officer Elon Musk said on Friday in a post on his social media site X, fulfilling a long-promised launch at a time when the company’s global sales have slumped.
The electric-vehicle maker, which previously announced plans to begin making its newest model from this month, envisions the futuristic-looking Cybercab as part of its Robotaxi network, which operates as a mixed fleet of vehicles with and without human safety monitors.
