Shubhangi Bhedekar
On Thursday night, Tesla CEO Elon Musk looked to the future as his sleek, self-driving Cybercab rolled through a staged city street at Warner Bros. Studios in Burbank, California. Despite the flashy demonstration, the show didn’t quite manage to win over investors.
The Cybercab, a robotaxi, is an autonomous two-seater with double gull-wing doors, without a steering wheel or pedals.
At Tesla’s invite-only “We, Robot” event, Musk estimated the price of a Tesla Cybercab to be around $30,000 USD (£25,000). He suggested the vehicle might be ready for purchase by 2027.
With this relatively low price, Musk said autonomous vehicles could be considered as “individualised mass transit,” with a fuel cost of 20 U.S. cents per mile (12 U.S. cents per kilometre) over time.
Read More: https://theleadersglobe.com/business/elon-musk-reveals-self-driving-cybercab-tesla-shares-fall-6-afterward/
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