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Jared Siskin/PMC
- During Tesla’s third-quarter earnings call, Elon Musk elaborated on the autonomous Cybercab.
- The Cybercab is projected to achieve mass production by 2026, with an annual target of 2 million units.
- Musk also shared insights about the vehicle’s design, its estimated price of $25,000, and passenger activities during autonomous driving.
Just weeks ago, Elon Musk introduced the Tesla Cybercab—a fully autonomous robotaxi devoid of steering wheels or pedals—at the company’s “We, Robot” event.
Investors and analysts eagerly awaited details about this innovative vehicle and its associated ride-hailing application during Tesla’s recent earnings report on Wednesday. This app plays a crucial role in Musk’s vision for a comprehensive robotaxi fleet.
In discussions with analysts, Musk provided further insights into the future of the Cybercab and his expectations regarding when Tesla might commence offering fully autonomous rides—pending necessary regulatory approvals.
Cybercab Production Set for 2026
Tesla
Musk expressed strong confidence during the analyst call that production levels for the Cybercabs will reach significant volumes by 2026. He stated emphatically: “I am confident that we will not only start production but achieve volume output in ’26.”
He also projected a growth rate between 20% to 30% in vehicle sales for next year despite potential external challenges. However, regulatory approval remains essential before launching operations for the Cybercab; he anticipates receiving such approvals next year from Texas and California—key states for rolling out their ride-hailing service as well.
Targeting Over Two Million Units Annually
Musk indicated that Tesla aims to manufacture a substantial number of these robotaxis each year. He mentioned: “Our goal is at least two million units annually; this will involve multiple factories. Ultimately we could scale up to four million.” However, he noted these figures are preliminary estimates based on current projections.
Projected Cost Around $25K
When first presenting the concept at “We, Robot,” Musk suggested an initial price point below $30K. During Wednesday’s earnings discussion though he refined this estimate stating it would be “approximately $25K.”
No Traditional Controls Planned for The Cybercab
If you were hoping for a conventional sub-$30K model featuring standard controls like steering wheels or pedals—you’ll need to look elsewhere as those features won’t be included in this model,” said Musk.
He added: “It’s clear our focus is firmly set on an autonomous future,” responding directly to inquiries about any plans for non-robotaxi vehicles within that price range.
Musk emphasized creating such models would be redundant since they wouldn’t match up against their fully automated counterparts which are being designed specifically with autonomy as their core function.
A Unique Passenger Experience Awaits Inside The Cab!
Musk described riding inside one of these futuristic vehicles akin to enjoying your own personal movie theater experience while traveling autonomously! Once full self-driving capabilities are achieved passengers can engage freely without concern over navigation tasks.
Examples include browsing online content asking AI-driven questions watching films playing video games or even tackling work-related tasks—all made possible thanks largely due advancements made within onboard technology systems including large screens high-quality sound setups designed specifically enhance entertainment value throughout journeys taken aboard them!
Revolutionary Manufacturing Techniques Underpinning Production Goals!
Musk highlighted how critical innovations extend beyond just designing revolutionary vehicles—they’re also focused heavily upon developing groundbreaking manufacturing processes themselves!
He remarked: “We’re engineering machines capable producing other machines which represents true revolutionizing approach towards automotive assembly lines.”
This includes optimizing cycle times significantly improving efficiency rates compared traditional methods employed across industry sectors today!
Tesla has successfully integrated various factors concerning who produces what where/how products get shipped assembled ensuring maximum operational effectiveness achieved through strategic planning efforts undertaken prior launch phases scheduled ahead!
