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Tesla shares under pressure after the presentation of the robotaxis
After the presentation of so-called prototypes of “robotaxis” at Tesla, investors ran away. According to IG indications, the share price fell by around eight percent last Friday.
It remains to be seen whether there will be a sustained countermovement at the beginning of the week.
Investors miss the exact date for 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 Tesla boss Elon Musk. The robotaxi has two seats and wing doors. There is no steering wheel or accelerator pedal However, Musk did not give a clear answer as to when the vehicle should come onto the market and production should begin in 2026. The vehicles should cost less than $30,000.
According to the 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 sensors such as radar.
Chart technology at a glance: there is a risk of a slide to $200
If the pressure to sell continues to intensify, investors would have to prepare for the possibility of a price slide to initially $200. The support level from the beginning of August at $180 should also be kept in mind. On the contrary, it is important to keep an eye on the high from September 30th at over $263. From a technical chart perspective, Tesla shares could continue to suffer in the coming days.
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