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Tesla’s robotaxi event took a long time on Musk’s promises. Investors wanted more details.

For a businessman who constantly struggles with broken promises, Elon Musk gave himself quite a to-do list Thursday night during Tesla’s highly anticipated Hollywood unveiling of its self-driving robotaxis.

His series of announcements during a 20-minute presentation contained few practical details, causing the stock to close nearly 9% lower at $217.80 on Friday.

After walking through the mock streets of the Warner Bros. film studio, housed in a sleek, silver two-door ‘Cybercab’ prototype, he promised that the company’s popular Model 3 and Model Y vehicles could operate without driver supervision driving in California and Texas through next year.

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