At the "We Robot" event in California, Elon Musk introduced Tesla’s RoboTaxi and RoboVan prototypes, pushing the limits of autonomous driving.
Despite the exciting reveal, Musk did not announce a release date, which left investors uneasy about the future of Tesla's autonomous vehicles.
Following the event, Tesla's stock price plunged by 9%, reflecting investor disappointment and skepticism.
As a result of the stock decline, Elon Musk’s personal wealth dropped by $15 billion, a significant yet recoverable loss.
Despite the $15 billion loss, Musk retains his position as the wealthiest person in the world, with a robust portfolio in tech and space exploration.