Tesla introduced the Robotaxi/Robocab last night at an event in Los Angeles. This morning, investors woke up to Tesla stock trading down 10%. On the surface, this seems crazy, but as Travis Hoium explains in this video, Tesla and Elon Musk may be sacrificing the next three or four years chasing a product that may never pay off. --------------------------------------------------------------------------------- 💰 If you like this video, check out my free Asymmetric Investing Newsletter for more investment analysis: https://asymmetric-investing.beehiiv.com/subscribe?utm_campaign=youtube&utm_medium=shownotes&utm_source=youtube TRAVIS ON TWITTER: https://twitter.com/TravisHoium 📊 The charts I use are made with FinChat, the best tool for investment research. I pay for the Pro plan, but you can get started making beautiful charts and asking the AI questions here: https://finchat.io?lmref=OzAxng 📊 20% Off Investment Research Tool Koyfin: https://www.koyfin.com/affiliate/asymmetric-investing/?via=asymmetricinvesting 🎙️ 20% Off Conference Call App Quartr: https://quartr.com/pricing?via=asymmetricinvesting 🧐Looking for great investment ideas? Visit https://www.fool.com/asym for ten top stock picks from The Motley Fool. A portion of this video is sponsored by The Motley Fool. Visit https://fool.com/asym to get access to my special offer. The Motley Fool Stock Advisor returns are 780% as of 9/26/2024 and measured against the S&P 500 returns of 168% as of 9/26/2024. Past performance is not an indicator of future results. All investing involves a risk of loss. Individual investment results may vary, not all Motley Fool Stock Advisor picks have performed as well. 00:00 Tesla's Robo Taxi Announcement and Market Reaction 01:48 Regulatory Challenges for Autonomous Vehicles 04:13 Tesla's Financial Struggles and Market Competition 07:17 Tesla's Business Model and Future Investments 11:34 Conclusion: The Uncertain Future of Tesla's Autonomy Vision