Tesla stock rises in premarket as Musk flags “agonizingly slow” Cybercab, Optimus ramp and Lemonade bets on FSD
Tesla shares rose 1.2% to $436.78 in premarket trading Thursday after a 2.9% gain Wednesday. Elon Musk warned initial production of the Cybercab robotaxi and Optimus robot will be “agonizingly slow.” Lemonade said it will cut insurance rates 50% for Tesla drivers using Full Self-Driving in Arizona starting Jan. 26. Tesla denied reports of major layoffs at its Berlin-area factory.