Tesla To Unveil Cybercab – Proving Its Commitment On Autonomous Cars

Elon Musk debuted his Tesla robotaxi prototype, the Cybercab. However, major medias such as BBC and Bloomberg were clearly not notified of this development, sparking skepticism.

Source: BBC

The autonomous car obsessed entrepreneur would have a lot of doubts to address given Tesla’s track record of mishaps. The Cybercab reportedly was slated for release in August, and the launch was delayed to October.

Musk wrote on his X, “Requested what I think is an important design change to the front, and extra time allows us to show off a few other things,” explaining away the delay.

It seems analysts remain skeptical and are waiting for the company to show real progress with the project. ‘There is certainly heavy build-up after discussing the Robotaxi concept without concrete details for so long,” said Jessica Caldwell of edmunds.com.

“The expectation is that this event should clear the air on the concept,” Caldwell added, saying it would be a “letdown” if Tesla fails to reveal a developed concept and operational details on Thursday.

Scant Details

According to reports, the Cybercab it will have two seats and butterfly wings. It is thought it will use a combination of cameras and computing power to navigate the roads, as opposed to laser-based sensors, known as Lidar, favoured by rivals.

Musk has hinted that when complete, some of the robotaxis in Tesla’s network would be owned and operated by the company, but that Tesla owners would have the option to rent their vehicles out on Tesla’s network when they are not driving them. In a note, analysts Wedbush said they expected on-site demos in the prototype, which they said they will attend.

Industry-watchers will also be looking for projections “on Cybercab scaling, overall cost per mile,” and a Tesla ride-share app, Wedbush analysts said.

“With very few industry events as widely anticipated as this, we believe Musk will address the near-term pain points,” they added. 

The “We, Robot” event comes as some top executives, including the head of Tesla’s new vehicles program, have recently left the company.

Some have also said the company would be better off focusing on a low cost electric vehicle (EV), to shore up its position against increasing competition from other EV car makers. However, Tesla has long sought to launch a full self-driving competitor to Google-parent Alphabet’s Waymo, whose driverless vehicles are now a frequent and much-discussed sight on the streets of San Francisco.

The company also offers rides in Phoenix and Los Angeles, and just expanded limited service in Austin, Texas. 

Waymo announced it would add the Hyundai Ioniq 5 to its robotaxi fleet after the vehicles undergo on-road testing with the company’s technology. Despite Mr Musk’s evident excitement around the technology – and the high stakes for Tesla – it seems he is going for a more low profile approach to media coverage than some of his previous showy product rollouts

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