Tesla Stock Dips as Autopilot Gets Discontinued
Tesla shares edged lower Friday after the automaker announced the discontinuation of its basic Autopilot driver-assistance system. The MOVE appears designed to accelerate adoption of Tesla's full self-driving technology, with new vehicles now shipping standard with only Traffic-Aware Cruise Control.
The decision caps a volatile week for Tesla investors. CEO Elon Musk earlier tempered expectations for the company's upcoming cybercab launch, while his wide-ranging comments at Davos—spanning robotics, AI, and even U.S. interest in Greenland—failed to move the needle on TSLA's stock price.
With Q4 earnings looming next week, market watchers are scrutinizing whether Tesla can maintain its growth narrative amid product transitions and Musk's increasingly scattered public focus.
