Tesla Stock Down Nearly 20% in 6 Months — Are People Giving Up On Tesla Robotaxis? - CleanTechnica

The article highlights a significant decline in Tesla’s stock price, which has dropped nearly 20% over the past six months, reflecting growing investor skepticism about Tesla’s robotaxi ambitions. Despite Elon Musk’s repeated promises that Tesla’s robotaxi service would cover around half the U.S. population by the end of 2025, progress has been slow and disappointing. The service, currently limited to Austin, Texas, still requires human safety drivers, and the anticipated scaling and removal of these drivers have not materialized as expected. This stagnation contrasts with other companies expanding their robotaxi operations, contributing to waning investor confidence. While Tesla’s stock remains up over 37% compared to a year ago, the company’s vehicle sales have been declining in recent years, raising questions about the sustainability of its market valuation. Much of the stock’s value appears tied to the potential success of Tesla’s Full Self Driving technology and robotaxi services. Without a breakthrough in these areas, Tesla’s ambitious sales targets—such