Tesla's Cybercab robotaxi is finally here, with a $30K price tag — plus a surprise Robovan
- by AOL
- Oct 11, 2024
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October 11, 2024 at 3:18 AM
Tesla (TSLA) and its CEO Elon Musk finally revealed the electric vehicle maker's long-awaited driverless robotaxi on Thursday night, alongside a surprise — a larger autonomous Robovan designed to transport a lot more people.
After a nearly one-hour delay, attendees at the “We, Robot” event in Los Angeles were given an up-close introduction to two of Tesla's latest creations, a key strategic focus for the EV pioneer.
Musk arrived via the robotaxi — dubbed "Cybercab" — which featured a Cybertruck-like light bar in the front, an small angular profile, scissor-like doors, and a minimalist interior. The Cybercab appeared to navigate the Warner Brothers Studios closed-course lot on the way to the event stage.
The Tesla Cybercab robotaxi (credit: Tesla)
(Tesla)
As expected, the Cybercab features no steering wheels or pedals, so is designed to be fully autonomous.
“We’ll move from supervised full self-driving, to unsupervised full self-driving,” Musk said, meaning the cars using this latest software will no longer need humans to interact if need be.
Musk said he expects the small EV to cost less than $30,000 when it arrives some time in 2026, but before 2027. The Cybercab will charge up via wireless induction technology, possibly using mats or tracks on roads.
A Tesla Cybercab robotaxi (credit: Tesla)
(Tesla)
Tesla will start unsupervised full self-driving (FSD) trials in Texas and California next year, with Model 3 and Model Y test vehicles. Musk said further unsupervised FSD trials will take place wherever regulators allow them.
Tesla CEO and X owner Elon Musk rides in Tesla's robotaxi at an unveilling event in Los Angeles, California, U.S. October 10, 2024 in this still image taken from video. Tesla/Handout via REUTERS
(Reuters / Reuters)
Wall Street analysts envision owners of the existing fleet of Teslas out on the road will be able to put those models on the company's rideshare service, once the EVs are combined with FSD and Tesla’s upcoming rideshare mobility app. That would unlock a tremendous amount of value and would be a true game-changer, the analysts believe.
Elon Musk at the "We, Robot" event (credit: Tesla)
(Tesla)
Tesla did not reveal its upcoming lower-cost “next-gen” model, which many analysts had expected. Though it is possible the Cybercab is essentially sharing the same chassis as the new passenger vehicle, as the car maker has suggested in the past. The sub-$30K next-gen EV will arrive later this year, Tesla has previously confirmed.
Surprise reveal
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