Tesla shares fall in premarket trading after Cybercab introduction

Oct. 11 (UPI) -- Tesla shares tumbled in premarket trading Friday morning after investors took a lukewarm view of the debut of the company's new automated Cybercab concept vehicle the day before.

Shares dropped 5.8% before U.S. markets opened, according to CNBC. One Barclays analyst threw cold water on the presentation, saying it failed to offer any near-term opportunities for the electric automotive giant.

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