
Elon Musk unveils Tesla’s ‘Cybercab,’ plans to bring autonomous ...
- by The Boston Globe
- Oct 11, 2024
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The company also expects to make the Full Self-Driving technology available on its popular Model 3 and Model Y vehicles in Texas and California next year.
âIf theyâre going to eventually get to robotaxis, they first need to have success with the unsupervised FSD at the current lineup,â said Seth Goldstein, equity strategist at Morningstar Research. âTonightâs event showed that theyâre ready to take that step forward.â
Tesla had 20 or so Cybercabs on hand and offered event attendees the opportunity to take rides inside the movie studio lot â not on Los Angelesâ roads.
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At the presentation, which was dubbed âWe, Robotâ and was streamed live on Teslaâs website and X, Musk also revealed a sleek minibus-looking vehicle that, like the Cybercab, would be self-driving and can carry up to 20 passengers.
The company also trotted out several of its black and white Optimus humanoid robots, which walked a few feet from the attendees before showing off dance moves in a futuristic-looking gazebo.
Musk estimated that the robots would cost between $28,000-$30,000 and would be able to babysit, mow lawns, fetch groceries, among other tasks.
âWhatever you can think of, it will do,â he said.
The unveiling of the Cybercab comes as Musk tries to persuade investors that his company is more about artificial intelligence and robotics as it struggles to sell its core products, an aging lineup of electric vehicles.
Teslaâs model lineup is struggling and isnât likely to be refreshed until late next year at the earliest, TD Cowen analyst Jeff Osborne wrote in a research note last week.
Osborne also noted that, in TD Cowenâs view, the âpoliticization of Elonâ is tarnishing the Tesla brand among Democrat buyers in the US.
Musk has endorsed Republican presidential candidate Donald Trump and has pushed many conservative causes. Last weekend he joined Trump at a Pennsylvania rally.
Musk has been saying for more than five years that a fleet of robotaxis is near, allowing Tesla owners to make money by having their cars carry passengers while theyâre not in use by the owners.
But he has acknowledged that past predictions for the use of autonomous driving proved too optimistic. In 2019, he promised the fleet of autonomous vehicles by the end of 2020.
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The announcement comes as US safety regulators are investigating Full Self Driving and Autopilot based on evidence that it has a weak system for making sure human drivers pay attention.
In addition, the US National Highway Traffic Safety Administration forced Tesla to recall Full Self-Driving in February because it allowed speeding and violated other traffic laws, especially near intersections. Tesla was to fix the problems with an online software update.
Last April in Snohomish County, Washington, near Seattle, a Tesla using Full Self-Driving hit and killed a motorcyclist, authorities said. The Tesla driver told authorities that he was using the system while looking at his phone when the car rear-ended the motorcyclist. The motorcyclist was pronounced dead at the scene, authorities said.
NHTSA says itâs evaluating information on the fatal crash from Tesla and law enforcement officials.
The Justice Department also has sought information from Tesla about Full Self-Driving and Autopilot, as well as other items.
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