Elon Musk finally took the wraps off his highly anticipated Cybercab at Tesla's "We, Robot" event on October 10th. Despite the fanfare, the world's richest person remained relatively tight-lipped on specifics, leaving investors questioning the feasibility of Tesla's ambitious robotaxi strategy.
The driverless Cybercab, which is expected to retail for less than $30,000, is slated to enter production in 2026. However, Tesla's history of missed deadlines for future products, including its self-driving capabilities, has raised concerns among shareholders and customers. The development and deployment of the Cybercab will undoubtedly be a significant test of patience for both groups.
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