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Elon Musk’s big robotaxi reveal on Thursday night went down like a lead balloon with investors today. Tesla shares fell 9%, while shares of Uber, whose business is theoretically at risk from a Tesla robotaxi, rose nearly 11% to $86. That puts Uber stock a few dollars above where it was in late March, shortly before word that Musk was accelerating his robotaxi plans sent Tesla shares into a slump.
ft.com/content/60b00f0f-3..
