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Tesla shares fell 6% following a subdued Cybercab launch and a new NHTSA investigation into how the automaker self-certified driverless vehicles that lack steering wheels and brake pedals.
Tesla has ramped up previews of its steering-wheel-free Cybercab ahead of a planned event in Austin, highlighting driverless vehicle trials as Wall Street evaluates the automaker's progress against autonomous rivals.
Waymo is expanding its commercial robotaxi service to Denver, San Diego, and Tampa, bringing its driverless passenger service to Colorado for the first time while reaching 14 U.S. markets.
Tesla and SpaceX are set to invest significantly in a new chip manufacturing facility in Texas, aiming to address future computing demands.
