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Elon Musk Unveils Tesla's Electric Autonomous Robotaxi for Public Use

Elon Musk Unveils Tesla's Electric Autonomous Robotaxi for Public Use

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Tesla is expected to unveil its robotaxi, likely at a Hollywood studio, with some analysts predicting a historic day for the company. The robotaxi is a key part of Tesla's strategy, with CEO Elon Musk stating that the future of the company is tied to artificial intelligence and robotics. The vehicle, called Cybercab, is expected to be highly autonomous, with Musk noting that it will have no steering wheel or pedals. The company claims that the Cybercab will be a safe and affordable option, with Musk stating that a fully electric car would be 10 to 20 times safer than a human-driven car, and promising that the Cybercab will cost less than US$30,000.

Elon Musk
SpaceX
1. The vast majority of the time, cars are just doing nothing.
2. With that amount of training data it's obviously going to be much better than a human can be because you can't live a million lives.
3. I think this will be the biggest product ever of any kind.
4. But if they're autonomous, they could be used five times more, maybe ten times more.
5. I tend to be a little optimistic with time frames, but in 2026, so yeah, before 2027. Let me put it that way.
6. It'll save lives, like a lot of lives, and prevent injuries.
7. You're just sitting in a comfortable little lounge, and you can do whatever you want while you're in this comfortable little lounge, and when you get out, you will be at your destination.
8. It doesn't get tired, and it doesn't text. It'll be 10, 20, 30 times safer than a human.
Jeff Osborne
TD Cowen
1. We expect the event to be light on details and appeal to the true long-term believers in Tesla.
Bryant Walker Smith
University of South Carolina
1. We just haven't seen any indication that that is what Tesla is working toward.
2. If they were, they would be showcasing this not on a closed lot, but in an actual city or on an actual freeway.
3. I don't know why the headlines continue to be 'What will Tesla announce?' rather than 'Why does Tesla think we're so stupid?'
4. The challenge is developing a combination of hardware and software plus the human and digital infrastructure to actually safely drive a vehicle even without a steering wheel on public roads in any conditions.
5. Tesla has been giving us that demo every year, and it's not reassuring us.
Dan Ives
Wedbush Securities
1. We believe this is a pivotal time for Tesla as the company prepares to release its years of Robotaxi R&D shadowed behind the curtains, while Musk & Co. lay out the company's vision for the future.

Elon Musk Unveils Tesla's Electric Autonomous Robotaxi for Public Use

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