Elon Musk’s Robotaxi is Finally Unveils: Here are the Details

CyberCab

On Thursday, October 10, 2024, at Warner Bros. Studios in Burbank, California, Tesla CEO Elon Musk made the two vehicles official. He showed a self-driving robotaxis with two gull-wing doors and no pedals or steering wheel. The second vehicle was the Robovan which could seat around 20 passengers. Tesla’s lineup just got more modern with the RoboVan.

Musk said he arrived at the event in a “CyberCab” and claimed the vehicle would go into production in 2026 with a starting price of less than $30,000. He said at the time that running a cybercab would eventually cost only 20 cents per mile. A conventional plug is not required as charging will be inductive.

Additionally, social media is experiencing a boom in terms of excitement surrounding the event. Analysts and investors were more concerned about the difficulties Tesla would face in implementing its plan to drive driverless cars. According to the social media post, Elon Musk’s younger brother, Kimble Musk, and John Elkin, the chairperson of Stellantis, a leading automobile firm, were reportedly present at the event.

Musk’s statement

“The autonomous future is here,” Elon announced. “We’ll have 50 autonomous vehicles here today,” he continued. Here, you’ll find Cyber Cabs and Model Ys.

“The majority of cars are idle most of the time doing nothing,” he said on stage during the event. On the other hand, if they have autonomy, their use may be five or even ten times greater.

Tesla’s Optimus Robot and Robotaxi projects

Tesla’s humanoid Optimus robot, which will set you back between $28,000 and $30,000, was introduced by Musk. This made it clear that Musk saw Tesla more as an AI robotics firm than an automaker.

Additionally, Musk plans to develop a fleet of Tesla Robotaxis that customers will be able to reserve through an app and use for ride-hailing services.

Additionally, Tesla owners will be able to add their cars to the app as fleet members. Ultimately, this will help Tesla owners make money from their vehicles.

But the lack of information about approvals and production schedules frustrated investors like Dennis Dick, an equity trader at Triple D Trading. Elon believes that fully autonomous cars will be able to travel in both Texas and California by next year.

The startup set itself apart from rivals like China’s Viroid and Amazon’s Zoox by opting to use cameras and artificial intelligence instead of leaders. Additionally, Elon simply wanted to establish Tesla as a pioneer in robotics using AI and driverless vehicles.

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