Tesla’s Stock Holds Steady Despite Self‑Driving Doubts

Tesla’s shares remain firm even after the company admitted its full‑self driving system is not ready. A critic on X accused Tesla’s leadership of revealing the truth about the technology in a public forum, suggesting that this could wipe out most of the company’s market value. The commentator claimed that the comments about the system’s readiness were a “bigger story” that should have dominated headlines. Tesla countered the criticism by announcing that its Cybercab production had begun. A video posted by Elon Musk showed a vehicle moving around the Texas Gigafactory without any passengers inside. The clip was meant to demonstrate progress in autonomous driving, even though the system is still incomplete.Market analysts note that Tesla’s performance metrics show good momentum but poor long‑term value prospects. The company’s stock price rose slightly in after‑hours trading, closing at $377. 16 on Friday. This small gain indicates that investors are not yet fully convinced by the company’s recent admissions. The debate highlights a tension between hype and reality in the electric‑vehicle industry. While Tesla pushes forward with new models, questions about technology readiness and valuation remain. The discussion continues as investors weigh the company’s growth potential against its current challenges in autonomous driving technology.