Tesla closed slightly down at $449.06 after Musk announced a shift to monthly subscriptions for self-driving software and confirmed slow initial production for the upcoming Cybercab and Optimus projects.
- Lower January 2 deliveries of 418,227 vehicles, missing the expected 426,000, contributed to the recent 1.8% weekly pullback per analyst notes.
- The stock is trading flat with the broader market ahead of the highly anticipated earnings report scheduled for January 28.
- In after-hours trading, shares dipped further to $447.40, a decline of -0.37%.