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Tesla shares slide after Cybercab robotaxi revealed


Elon Musk will unveil a prototype for the long awaited robotaxi at a film studio in Hollywood.

Self-driving cars have long fascinated Mr Musk and he has made a series of bold predictions about them - including that they will save lives or earn their owners money, through being rented out for rides or even overnight stays. However, Tesla has long sought to launch a full self-driving competitor to Google-parent Alphabet's Waymo, whose driverless vehicles are now a frequent and much-discussed sight on the streets of San Francisco. Despite Mr Musk's evident excitement around the technology - and the high stakes for Tesla - it seems he is going for a more low profile approach to media coverage than some of his previous showy product rollouts

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