🔴 Pony AI is trading 5% down today despite South Korea expansion announcement

Pony AI is trading 5.28% down now at $7.18, extending a sharp intraday decline despite a new South Korea expansion announcement.

• Pony AI and FutureLink plan to introduce 200 Level 4 robotaxis in Seoul by 2028, starting with 10 vehicles for certification.
• No reliable source explicitly links the long-dated partnership to the August 31, 2026 selloff.
• Broader risk-off sentiment may be contributing, though the decline is substantially larger than major U.S. index moves.