Key Takeaways Tesla shares plunged Friday after the EV maker’s long-awaited robotaxi event failed to live up to investors' expectations.The stock has retraced within a flag, a chart pattern that signals a continuation of the stock’s move higher in recent months.

The EV maker showed off a sleekly designed robotaxi, but investors may be more concerned with short-term goals. Uber appears to have little reason to worry. Investors may be wondering if there’s anyone in the driver’s seat at Tesla after CEO Elon Musk led a much-anticipated autonomous driving event that was big on hype but short on specifics.