Elon Musk announced the new vehicle called Cybercab

Tesla owner Elon Musk unveiled the much-anticipated robo-taxiCyberCab at Warner Bros. Studios in Burbank, Calif., on Thursday evening.

At the event, Musk explained the importance of this fully self-driving vehicle, and the billionaire explained that fully self-driving vehicles are safer than human-operated ones and can generate more money for their owners.

This vehicle, which was announced on Thursday evening, is said to begin commercial production before 2027, but Elon Meske has raised questions about whether it will be able to produce the vehicle and market it according to the deadline and compete with other manufacturers of similar technology.

Asked about the price, billionaire Musk said the vehicles could cost up to $30,000 to build. The billionaire also said he believes Tesla will have fully self-driving Model X and Y Tesla vehicles built at its Texas and California manufacturing facilities by next year.

Elon Musk has recently unveiled Tesla’s highly anticipated Cybercab, a fully autonomous electric vehicle. The Cybercab, which features gull-wing doors and no steering wheel or pedals, is expected to go into production by 2026. Priced under $30,000, it will operate at around 20 cents per mile, making it much more affordable than current transportation options. Tesla also plans to allow owners to use their vehicles in a robotaxi network through an app, offering a shared economy model【6†source】.

Tesla’s Cybercab is a fully autonomous robotaxi that Elon Musk introduced as part of Tesla’s push towards AI-driven transportation. This futuristic vehicle has no steering wheel or pedals, relying entirely on Full Self-Driving (FSD) technology, which uses only cameras and AI instead of expensive hardware like lidar. The car will feature gull-wing doors and aims to be affordable at under $30,000, with production starting in 2026. It will also be part of a ride-hailing network where Tesla owners can list their cars as robotaxis【6†source】.