Tesla begins Cybercab rides in Austin
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Tesla has officially opened rides in its Cybercab robotaxi to the public in Austin, Texas - a futuristic two-seat vehicle that comes without a steering wheel or pedals.
Investment narratives matter, and Tesla could be about to overperform expectations on its robotaxi rollout.
Tesla's Cybercab made its Austin debut with rides and fanfare, but the launch raised more questions than it answered about scale, safety approvals, and who actually profits if the robotaxi bet pays off.
Tesla says its Robotaxi has driven a total of 1 million unsupervised miles, a sharp increase from the last update just 6 weeks ago.
Elon Musk’s electric-vehicle company will hold a launch event for the Cybercab autonomous vehicle on Thursday.
The company published a form on its website Thursday soliciting info from people who are interested in "Cybercab fleet vehicle purchasing."