After years of ambitious promises about driverless vehicles, Tesla CEO Elon Musk showcased the company’s latest innovation, the Cybercab, during a highly anticipated event on Thursday night.
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00:00After years of bold promises about driverless technology, Tesla CEO Elon Musk has finally
00:04unveiled the CyberCab, the latest addition to Tesla's lineup. At a highly anticipated event
00:08in Burbank, Musk introduced the CyberCab, a stylish two-seater that completely eliminates
00:13steering wheels and pedals. Musk revealed that Tesla currently has 21 CyberCabs and a total of
00:1750 autonomous vehicles ready for demonstration. While he didn't disclose where production will
00:21take place, he did say consumers can expect a price under $30,000, with production aimed for
00:27before 2027. In addition, Musk announced that the Robovan, an electric vehicle designed to
00:33transport up to 20 passengers, is also perfect for high-density needs like sports teams.
00:37Both vehicles will feature innovative inductive charging, allowing them to recharge without
00:41plugging in. Musk expressed optimism about Tesla's full self-driving capabilities,
00:45stating that, quote, unsupervised FSD could launch into Texas and California by next year.
00:51However, Musk's past predictions have fallen short. He previously claimed full autonomy
00:55would be achieved by 2015 and robo-taxi-ready vehicles by 2020. In addition, Musk encouraged
01:01investors to believe in Tesla's vision for autonomy. Yet, the stock saw a 10%
01:05decrease following the announcement, with many still skeptical. Musk also teased a humanoid
01:10robot named Optimus, which entertained attendees by serving drinks. This unveiling marks Tesla's
01:14first major product reveal since the Cybertruck's design was introduced in 2019.