Elon Musk loses $15 billion in net worth after Tesla’s Robotaxi event
Tesla unveiled the Cybercab and Robovan prototypes at the ‘We, Robot’ event in Los Angeles, but the lack of specific timelines disappointed investors, resulting in a 9% stock drop. CEO Elon Musk’s net worth fell by $15 billion. The event showcased Tesla’s humanoid robots, but lacked detailed roadmaps for autonomous vehicle launches.