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Tesla Reveals First Production Cybercab — Elon Musk Confirms $30,000 Price, MKBHD May Owe A Head Shave - Tesla (NASDAQ:TSLA)
Benzinga· 2026-02-18 04:42
Group 1 - Tesla Inc. has produced the first production version of the Cybercab at its Gigafactory in Texas, marking a significant milestone for the company [2] - The Cybercab is confirmed to be priced at $30,000, with Elon Musk affirming that it will be available to customers for that price or less by 2027 [3] - Tesla's stock price experienced a decline of 1.63% to $410.63 at market close, but saw a slight recovery of 0.28% to $411.76 during the overnight session [4] Group 2 - Tesla scores well on the Momentum metric according to Benzinga Edge Rankings, indicating a favorable price trend in the long term [4]
Tesla's Cybercab May Get Steering Wheel, Pedals: '...Coming Around To Reality,' Says Ross Gerber - Tesla (NASDAQ:TSLA)
Benzinga· 2025-10-29 05:11
Core Insights - Tesla Inc. is considering a fundamental design change for the upcoming Cybercab, potentially including traditional vehicle controls like a steering wheel and pedals [2][3]. Group 1: Design Changes - Tesla's Board Chair Robyn Denholm indicated that the Cybercab could feature a steering wheel and pedals if necessary, suggesting flexibility in its design [2]. - The Cybercab may serve as Tesla's Model 2, positioned as a more affordable option below the Model 3 in the company's electric vehicle lineup [2]. Group 2: Market Reactions - Ross Gerber, co-founder of Gerber Kawasaki, previously suggested adding a steering wheel and pedals to the Cybercab to enhance its marketability as an affordable model [3]. - Following Denholm's comments, Gerber expressed optimism on social media, indicating that Tesla is aligning with market realities to ensure the Cybercab's success [4]. Group 3: Testing and Development - The Cybercab has been observed undergoing testing at Tesla's Gigafactory in Texas and the Fremont facility, indicating progress in its development [5]. Group 4: Robotaxi Updates - CEO Elon Musk mentioned during a recent earnings call that Tesla aims to deploy driverless Robotaxis in 8-10 major U.S. cities by the end of the year, revising earlier expectations of broader service coverage [6]. Group 5: Performance Metrics - Tesla is noted for strong momentum and quality metrics, satisfactory growth, but poor value, with a favorable price trend across short, medium, and long-term perspectives [7].