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Tesla’s stock is giving back its robotaxi gains. Here’s what happened. - MarketWatch

1. Tesla shares fell after a robotaxi launch relief rally. 2. Stock hit resistance at $360, risking a longer-term breakout. 3. Federal regulators seek more info after mishaps during rides. 4. Tesla underperformed compared to major tech stocks and the S&P 500. 5. Analysts question reliability of autonomous vehicle technology.

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FAQ

Why Bearish?

The inability to break resistance and regulatory scrutiny weigh heavily on investor sentiment.

How important is it?

Key developments in Tesla's robotaxi service directly influence investor confidence and stock price dynamics.

Why Short Term?

Immediate impacts stem from recent trading behavior and investor sentiment; additional long-term effects will materialize as robotaxi progress unfolds.

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