Oct 11, 2024 08:51 AM IST Share Via Copy Link Robotaxi event showcased Cybercab and a new business model aimed at revolutionizing transportation, despite delays and lack of regulatory approvals. Tesla revealed its long-awaited driverless robotaxi prototype today. The unveiling is crucial for Elon Musk as it will long affect the fortunes of his company. In the event, Tesla is expected to reveal both a functioning robotaxi called a Cybercab and details about a new business model which the company believes will power a transportation sector free of human drivers. This comes as Elon Musk has said he believes so strongly in the transformative power of the robotaxi and it’s worth staking the company’s financial future on the product. The event will be livestreamed on Elon Musk’s X social media website. Tesla is set to unveil its driverless robotaxi prototype, the Cybercab, which is crucial for Elon Musk's vision of a driverless transportation future. The event may impact Tesla's financial future and is livestreamed on Musk's X platform.(Reuters)