Tesla Inc is trading 3.1% down at $384.52 as reports of operational struggles in its robotaxi service and broader market volatility weigh on investor sentiment.
- Bloomberg highlighted significant issues in the Austin robotaxi rollout, including long wait times, technical glitches, and a limited fleet of just 59 vehicles.
- These operational hurdles are fueling skepticism regarding the near-term scalability of the company's autonomous driving strategy.
- Broader selling pressure across major indices and technology growth names is further impacting the stock's performance.