信息服务行业信息点评：特斯拉发布Cybercab ，开启Robotaxi竞速赛

Investment Rating - The industry investment rating is "Outperform" and maintains "Market Perform" [1] Core Viewpoints - Tesla has launched the Cybercab prototype, marking a significant step in the Robotaxi business, which is expected to reduce public transportation costs to 5-10 cents per mile [1][2] - The Robotaxi project has been in development since 2016, with Tesla's Full Self-Driving (FSD) capabilities expected to enhance the Robotaxi business [1][3] - The competition in the Robotaxi market is intensifying, with major players like Baidu, Waymo, and Tesla actively developing their autonomous taxi services [1][2] Summary by Relevant Sections Industry Overview - The report highlights the global development of Robotaxi services, detailing the milestones achieved by major companies like Google, Tesla, and Baidu [2] - Tesla's Cybercab is priced below $30,000 and is set to be available to the public by 2026, featuring wireless charging and no steering wheel or pedals [1][2] Technological Advancements - Tesla's FSD has undergone significant iterations, with the latest version (V12) utilizing a neural network for complete autonomous driving, aiming to eliminate the need for human intervention [1][3] - The report notes that Tesla's FSD capabilities are being rolled out to select customers in North America, indicating progress towards full autonomy [1][3] Market Competition - The report discusses the competitive landscape, mentioning that Waymo has begun offering Robotaxi services in Austin, Texas, and Baidu is expanding its operations internationally [1][2] - The emergence of new players in the Robotaxi space is expected to accelerate industry growth, with Tesla positioned to leverage its technological advancements [1][3]