Why Tesla Stock Was Slumping Again Today

(NASDAQ: TSLA) stock had a rough week last week, dropping nearly 15%. Shares fell again today with its robotaxi launch in Austin, Texas, coming soon. While the company hasn't confirmed the specific June date for the launch, reports say it could be Thursday, June 12.

One Wall Street analyst thinks investors are going to be disappointed by the much-hyped event. That helped push Tesla stock lower by as much as 4.5% early Monday. Shares had recovered from that drop and even turned slightly positive at 12:33 p.m. ET.

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Source Fool.com