Tesla has commenced production of the Cybercab robotaxi at its Gigafactory in Texas. The purpose-built vehicle is designed without a steering wheel or pedals. This milestone advances Tesla’s strategic shift toward a fully autonomous ride-hailing network powered by artificial intelligence.
CEO Elon Musk confirmed plans to release a consumer version of the Cybercab for under $30,000. The company expects this consumer model to be available by 2027. Analysts noted that the production start aligns with Tesla’s previously disclosed project timelines.
Tesla shares rose slightly in early trading following the announcement. Market gains remained volatile as investors assessed the production update.