Tesla shares slip as Cybercab optimism fades, report says
Tesla shares fell after a prior Monday 5.5% rise. Barron’s cites Gary Black of Future Fund, saying robo-taxis and Cybercab excitement have been driving investor optimism.
By Al RootTesla stock started the week with a bang, rising 5.5% on Monday.
Investors' optimism wasn't easy to explain.
The likeliest reason, according to Future Fund co-founder Gary Black, was robo-taxis.
Investors are getting more excited about a potential introduction of Tesla's Cybercab into its…