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.

"Waymo is now hosting 100k rides per week in major cities, so we expect more from TSLA's demo," Wells Fargo analyst Colin Langan said.

Elon Musk's net worth plummeted along with Tesla stock after the company's lackluster Robotaxi release — but he's still the world's richest man.