Tesla Unveils Its Cybercab, Robovan, and More—What You Need To Know
TeslaTesla(US:TSLA) Investopedia·2024-10-11 06:10

Core Insights - Tesla unveiled its "Cybercab" robotaxi and "Robovan" at the "We, Robot" event, showcasing advancements in fully autonomous driving technology [1][2] - CEO Elon Musk announced that Tesla's fully autonomous driving capabilities are expected to launch in Texas and California by next year, with the Cybercab entering production by 2026 [3] - The Optimus humanoid robot was also presented, with Musk suggesting it could become "the biggest product ever," priced between $20,000 and $30,000 [4] Product Launches - The Cybercab will be available for purchase for under $30,000 and aims to facilitate "individualized mass transit," potentially lowering transit costs [2] - The Robovan can accommodate up to 20 passengers or be utilized for transporting goods, expanding Tesla's offerings in the autonomous vehicle market [2] Autonomous Driving Capabilities - Musk indicated that Tesla's fully autonomous driving, supported by AI, could enhance safety by 10-20 times, with rides available for attendees during the event [3] - The Cybercab is designed without a steering wheel or pedals and features wireless charging capabilities [1] Future Developments - The Optimus humanoid robot is expected to perform simple factory tasks by the end of 2024 and may be ready for external sale by the end of 2025 [4] - Tesla plans to provide more details about its future plans alongside its third-quarter financial results on October 23 [5]