Tesla's Cybercab rollout disappoints, triggers NHTSA audit and stock drop

Tesla stock fell about 6% after the Cybercab update failed to impress investors, while the NHTSA opened an audit query into Tesla's self-certification of the vehicle's safety. The Austin, Texas, event was invite-only with limited new disclosures, leaving questions on pricing, production cadence, and regulatory approvals. Analysts flagged early execution issues and some user-reported routing problems as Tesla pursues a geofenced driverless service in Austin, competing with Waymo in the U.S. robotaxi market.