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Tesla shares under pressure after presenting the robotaxis
After Tesla presented so-called “robotaxis” prototypes, investors fled. According to IG indicators, the share price fell by about eight percent last Friday.
It remains to be seen whether there will be a sustained counter movement at the start of the week.
Investors miss the exact date for the market launch – production is scheduled to start in 2026
“Most of the time, cars just do nothing, but if they are autonomous, they could be used five times more, maybe ten times more,” said Elon Musk, the boss of Tesla wheel or accelerator pedal However, Musk did not give a clear answer as to when the vehicle should arrive on the market and production should begin in 2026. The vehicles should cost less than $30,000.
According to Reuters news agency, Tesla has often announced so-called robotaxis in the past. Currently, however, only assistance systems such as Autopolit or “Full Self-Driving” are offered. Tesla only relies on cameras and artificial intelligence (AI). Competing products also use radar-like sensors.
A glance at the chart’s technology: $200 is at risk of slipping
If the selling pressure continues to intensify, investors should prepare for the possibility of a price slide to $200 first. The support level from early August at $180 should also be kept in mind. On the contrary, it is important to keep an eye on the high from September 30 at above $263. From a technical chart perspective, Tesla shares could continue to suffer in the coming days.