Robotaxi Cybercab, or nihili novi from Tesla
Musk presented a Tesla concept vehicle on Friday morning Polish time robotaxi Cybercab. The vehicle is a low, silver, two-seater car, with no steering wheels or pedals, that will essentially be able to drive yourself autonomously after release. Down mass production Cybercab may hit before 2027. Musk did not provide any details about where the cars will be produced. He said consumers would be able to buy Tesla Cybercab for price less than $30,000.
FSD still needs to be fixed
Musk also added that electric vehicles will most likely be introduced next year Model 3 and Model Y with “unattended FSD” will hit the roads in Texas and California next year. FSDThat is Full Self-Driving (fully autonomous driving), this is top-notch Tesla’s driver assistance systemavailable today in a “non-standalone” version for Tesla electric vehicles. This technology still exists requires the driver to keep watch over the moving carm, so that he can perform a turning or braking maneuver at any time.
Assessment of financial market analysts
Analysts reacted to Thursday’s event Barclays stated that the revelations presented by Musk only showed that Tesla is not readyso that in the first quarter of 2025 launch Cybercab or any other new model. The whole event was more like a tribute to Musk’s vision regarding completely autonomous cars in the future. “We have also not received any new news regarding the next one the future and progress of FSD nor data reflecting improvements in the system.” – added Barclays analysts.
Meanwhile Morgan Stanley suggested that Musk did not present at the event Tesla as an AI company. Bank analysts also noted that Musk did not mention any details regarding improvements to Tesla’s FSD system. The billionaire did not go into details about the plans widely discussed by the market Tesla’s connection with xAIMusk’s AI company. Musk previously denied such reports. “Overall, we were disappointed with the content and details of the presentation. We therefore anticipate that TSLA will be under pressure following the event,” Morgan Stanley experts added in a note on Friday.
Autonomous cars are the future of the automotive industry
It’s expected to be a few more years before that happens autonomous cars will become commonplace on public roads because regulators have concerns about security features used in such vehicles. One of the few companies that managed to introduce autonomous cars on public roads is Waymoa Google company that has been publicly offering its robotaxi service since June.