Tesla (TSLA) shares fell between 5% and nearly 7% on Friday. The sell-off put the stock on track for its worst weekly decline since June 2025.
The company reportedly postponed the public demonstration of its next-generation Roadster again. Tesla moved the event from June to a target of August or later.
This delay follows an original schedule set for April. Tesla first announced the vehicle in 2017. The postponements heightened investor concerns regarding the company's product launch timelines.