The Cybercab announcement arrives near the end of a tumultuous year for Tesla. The company started 2024 down more than 40 percent from its 2021 peak, then dipped dramatically again until early April.

You could fall asleep and wake up at your destination,” said Mr. Musk, Tesla’s C.E.O., but some experts are skeptical that such cars will be ferrying passengers soon.

Tesla plans to launch fully autonomous driving in Texas and California next year, with the Cybercab entering production by 2026 — although he said it could be as late as 2027. Additionally, Tesla is developing the Optimus robot, which could be available for $20,000–$30,000 and is capable of performing various tasks.

Tesla is due to unveil a new fully autonomous vehicle Thursday that is designed to provide a robot taxi service — no human driver required. But the splashy reveal follows a decade of faulty predictions by CEO Elon Musk that a driverless Tesla is just around the corner.

The billionaire CEO said the new fleet of autonomous vehicles would cost $30,000 and launch before 2027, though Musk has blown by product timelines in the past.

Tesla should be riding high right now, the electric car maker just unveiled the autonomous car that it has been promising for years, reinvented the bus and pledged to bring humanoid robots to market for the low,

Tesla’s "We, Robot" event showcased futuristic vehicles like the Cybercab and Robovan, but the lack of clear timelines and detailed plans left investors disappointed. Tesla’s stock dropped by over 9%,

Director of I, Robot film mocks Elon Musk for 'ripping off' his designs for Tesla's autonomous bus, Cybercab and robot Tesla's Robovan may operate autonomously, but according to one sci-fi director, Elon Musk does not.

Tesla CEO Elon Musk saw his net worth take a huge tumble after he announced his new innovations the Cybercab and Robovan during an event last week

Elon Musk has just completed a massive unveiling of three new Tesla products slated to become gamechangers. A new autonomous taxi called the Robotaxi, a people carrier named the Robovan, and Tesla's latest robot Optimus were shown off in Los Angeles.