Wall Street’s early reaction to Elon Musk’s robotaxi reveal? Disappointment.Shares in Tesla fell roughly 8% in morning trading following an event that was heavier on showbiz but lighter on business than investors had hoped after months of buildup.

Tesla stock dove Friday as the initial reaction was sour to the electric vehicle company’s eagerly awaited robotaxi day, with analysts largely knocking the lack of details presented Thursday night by Elon Musk’s electric vehicle firm on its autonomous driving efforts.

Tesla unveiled its long-awaited robotaxi at a Hollywood studio Thursday night, though fans of the electric vehicle maker will have to wait until at least

Tesla (TSLA) stock fell in pre-market trading on Friday morning, after its highly-anticipated robotaxi reveal failed to impress investors.

Tesla plans to launch fully autonomous driving in Texas and California next year, with the Cybercab entering production by 2026 — although he said it could be as late as 2027. Additionally, Tesla is developing the Optimus robot, which could be available for $20,000–$30,000 and is capable of performing various tasks.

Shares of electric vehicle maker Tesla tumbled Friday after the company's long-awaited robotaxi event failed to impress investors.

Shares of electric vehicle maker Tesla sank after the company’s long-awaited robotaxi event — where CEO Elon Musk  unveiled the firm’s Cybercab self-driving concept car  — failed to impress investors.