OREANDA-NEWS  The presentation of the CyberCab robotaxi, which the American automaker Tesla held the day before, on October 10, did not impress investors. In this regard, the company's shares declined by almost seven percent in the premarket, Bloomberg writes.

As of 14:15 Moscow time, the drop is 6.5 percent. The market reaction is explained by the almost complete lack of specifics on the development, which the head of the company, Elon Musk, calls the first important project.

The billionaire drove a prototype CyberCab in front of the public on the site of the Warner Bros. film studio, but later, recognizing his tendency to optimism, he noticed that the company plans to release the robotaxi for sale before 2027. According to him, the car will cost less than 30 thousand dollars to customers, and the cost of the trip itself will not exceed 20 cents per mile. Nevertheless, observers note that after the presentation, the main point did not become clearer, that is, how the company is going to implement its forecasts for unmanned driving. Including Musk, who had repeatedly disrupted the announced release dates of new products, did not provide technical details of the car and did not disclose the issue of the CyberCab fleet.

Tom Naryan, an analyst at RBC Capital Markets, confirmed that investors who attended the event were most dissatisfied with the lack of real figures and deadlines.

Musk switched his focus to Tesla's robotaxi in April this year amid a significant drop in capitalization, which was associated with sales problems and uncertain prospects. Promises to show a novelty cheered up investors, and shares went up. However, first postponing the performance for two months, and then a lack of details can turn the situation around.