Tesla robotaxi launch and federal safety probe
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Tesla stock drops after Cybercab update underwhelms Wall Street
Tesla shares closed near $376 after a 5.4% jump on launch day, below the 52-week high near $499.
Tesla first showed off the Cybercab almost two years ago.
Tesla shares slid 6% on Friday after the Cybercab update.
New details emerge about Tesla's Cybercab
Elon Musk does not appear to have spoken at the Cybercab event.
Tesla's Cybercab event was private rather than a large, livestreamed event.
The Cybercab event keynote lasted approximately 15 minutes.
US regulator opens safety investigation as Tesla launches driverless taxis
Tesla launched its self-driving Cybercab service in Austin, Texas on Thursday.
The US National Highway Traffic Safety Administration has opened an investigation into whether Tesla's new self-driving Cybercab meets federal safety standards.