Elon Musk’s latest demonstrations of a self-driving robotaxi and Robovan have raised anticipation. However, skepticism from investors follows his historically ambitious promises that remain unfulfilled.
Musk claims the upcoming Muskbot will be a monumental product, stating, 'I think this will be the biggest product ever, of any kind,' but proving such declarations takes time.
Investors reacted negatively after Musk's demo, leading to a nearly 9% drop in Tesla shares, signaling a lack of confidence amidst ongoing regulatory and technical challenges.
Skepticism may also stem from Musk's recent erratic ownership of Twitter, which contrasts with his previous reputation as a tech innovator with successful ventures.
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