Tesla stock took a sharp dive on Thursday following the Investor Day presentation Wednesday night, which introduced the "Master Plan 3" and teasing at the upcoming "Gen 3" vehicle that Tesla shares very little about.
The Investor Day presentation was ridiculed by many for lacking a proper basis on what the upcoming mystery vehicle will be like. The mystery vehicle is expected to start at around $25k.
Tesla also shared their plans for building a Gigafactory in Monterey, Mexico and expanding Tesla's supercharging infrastructure.
The Tesla stock is down 5.85% on Thursday, at market close.
by Ryan Griffin