Tesla shares fall for fourth day ahead of earnings report

Tesla shares continued to fall for the fourth day as expectations for the unveiling of driverless taxis fizzled ahead of U.S. electric vehicle maker Tesla's third-quarter earnings report.

Tesla shares fell to $215.26 and 1.64% at one point during the day on the New York Stock Exchange and closed at $217.97, down 0.40% from the previous session.

Earlier on the 10th, Tesla's stock price plunged 8.8% the next day after a disappointing evaluation immediately after the driverless taxi public event, and then rose slightly for the next three days before falling for four consecutive trading days from the 17th.

The stock price, which had been up for more than a month on expectations of the driverless taxi unveiling, is back on track, with the closing price similar to that of September 9.

Investment firm Freedom Capital Markets predicted that the stock could fall back to the $182 level if it enters a bear market after the earnings announcement.