Musk's brief statement on X, "The extra time allows us to show off a few other things," did not provide a new date for the robotaxi reveal. The delay was initially reported by Bloomberg News, which suggested that the event might be pushed to October. This news had an immediate impact on Tesla's stock, which dropped by 8% following the report. However, the stock rebounded, closing up 1.8% at $252.64 on Monday.