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Tesla Cybercab

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Elon Musk unveiled Tesla's Cybercab, an autonomous robotaxi, amid high expectations and skepticism. The event highlighted Tesla's ambitions in self-driving technology, but investors criticized the lack of concrete details, leading to a significant drop in Tesla's stock value.

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Right-leaning sources convey skepticism and disappointment over Tesla's recent unveiling, emphasizing concerns about its market performance and questioning the feasibility of Musk's ambitious claims.

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On October 10, 2024, Elon Musk unveiled Tesla's long-anticipated autonomous "cybercab" at an event showcasing the company's vision for a robotaxi future. This driverless vehicle will operate as part of a fleet of robotaxis set to redefine transportation, expected to be in service by 2025. The cybercab is notable for its minimalist design, with a focus on efficient transportation without the need for human drivers. The vehicle's launch is crucial for Musk's reputation, which has increasingly come under scrutiny as analysts and investors demand more concrete details about Tesla's advancements in autonomous technology.

During the presentation, Musk emphasized Tesla's software capabilities, asserting that the cybercab's robust AI would allow it to learn and adapt to various driving conditions. However, critics noted that there was a lack of substantial information, especially regarding safety measures, regulatory approvals, and how the vehicle would function in complex urban environments. Some analysts expressed skepticism at the event, highlighting that Tesla's failure to provide critical insights into the operational framework of the cybercab could hurt investor confidence.

The robotaxi event also featured Tesla's "Optimus" robot, presented as a companion capable of assisting passengers, although clarity on its specifications remained elusive. Following the announcement, Tesla’s stock took a hit, shedding around $60 billion in market value, reflecting Wall Street's mixed reactions to the capabilities and readiness of the new technology.

In summary, while the unveiling of the cybercab highlights Tesla's ambitious goals for the future of autonomous transportation, industry experts question the practicality of Musk's timeline and the vehicle's operational details, signaling that significant hurdles remain on the path to realization.

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Virality Score 6.9
Change in Rank +1
Thread Age 73 days
Number of Articles 178

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Center 71.5%
Right 16.1%

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Recent Coverage

Tesla shares tumble after Elon Musk unveils robotaxi

Fox Business - 72 days ago - Tesla shares fell on Friday after the company's Robotaxi event that left investors less than impressed.

https://www.foxbusiness.com/technology/tesla-shares-fall-after-robotaxi-event

Tesla’s robotaxi event was long on Musk promises, short on details

Al Jazeera - 72 days ago - Some Tesla investors and experts said they were hoping for more concrete details on how the company plans to transform.

https://www.aljazeera.com/economy/2024/10/11/teslas-robotaxi-event-was-long-on-musk-promises-short-on-details

Musk Shows Tesla Cybercab, Sees 2026 Debut

marketscreenercom - 72 days ago - -- Elon Musk unveiled long-awaited prototypes of a Tesla robotaxi called Cybercab. Ed Ludlow breaks down the biggest news and surprises. ...

https://www.marketscreener.com/quote/stock/TESLA-INC-6344549/news/Musk-Shows-Tesla-Cybercab-Sees-2026-Debut-48061016/

Tesla unveils retro-futuristic art deco Robovan

Dezeen - 72 days ago - Tesla CEO Elon Musk has unveiled the brand's long-awaited driverless Robotaxi as well as surprise prototype Robovan at the We, Robot event in Los Angeles, USA.

https://www.dezeen.com/2024/10/11/tesla-robovan-robotaxi-driverless/

Watch These Tesla Price Levels as Stock Slumps Following EV Maker's Robotaxi Event

Investopedia - 72 days ago - Tesla shares plunged Friday after the EV maker’s long-awaited robotaxi event failed to live up to investors' expectations. Monitor these important chart levels.

https://www.investopedia.com/watch-these-tesla-price-levels-stock-slumps-following-ev-maker-robotaxi-event-8726910

Elon Musk’s robotaxi event proves a flop, driving Tesla shares down 7%

Fortune - 72 days ago - Rather than riding the stock’s recent momentum, the robotaxi unveiling proved to be the “sell the news” event some analysts predicted.

https://fortune.com/2024/10/11/elon-musks-robotaxi-event-proves-a-flop-driving-tesla-shares-down-7/

Tesla's Long-Awaited Cybercab Is Missing an Extremely Basic Feature

Futurism - 72 days ago - Ditching the Plug During the company's "We, Robot" event last night, Tesla CEO Elon Musk showed off what appeared to be an early prototype of a "Cybercab...

https://futurism.com/the-byte/elon-musk-tesla-cybercab-no-charging-plug

Here’s what its like to ride in a Tesla Cybercab.

The Verge - 72 days ago - Interestingly, the UX seems to prioritize video streaming over any kind of trip visualization. Tesla seems to think people would rather watch movies than be assured their driverless car can see other cars and pedestrians. (They’re probably right, too.)

https://www.theverge.com/2024/10/11/24267822/heres-what-its-like-to-ride-in-a-tesla-cybercab

Musk unveils Robotaxi, unsupervised full self-driving future: 'That's what we want'

Fox Business - 72 days ago - Elon Musk debuts Tesla's new self-driving Robotaxi that he says will be available by 2026 and cost under $30,000, as well as the Robovan.

https://www.foxbusiness.com/markets/musk-unveils-robotaxi-unsupervised-full-self-driving-future-thats-what-we-want

The Tesla Cybercab is a cool-looking prototype that needed to be much more than that

The Verge - 72 days ago - Tesla CEO Elon Musk had an opportunity to silence the doubters of its approach to self-driving vehicles. But instead, he employed the same bag of tricks that he usually does.

https://www.theverge.com/2024/10/11/24267727/tesla-cybercab-unanswered-questions-fsd-safety-liability

Elon Musk unveils prototype for driverless robotaxi in Burbank

Los Angeles Times - 72 days ago - Elon Musk unveiled the Cybercab on Thursday night at a highly anticipated event, where he also showed off new protoypes of a robovan and humanoid robot.

https://www.latimes.com/business/story/2024-10-11/elon-musk-tesla-robotaxi

'That's it?' Morgan Stanley rips Tesla robotaxi event for lack of detail

CNBC - 72 days ago - Wall Street has been fairly hot and cold on Tesla stock this year, and its robotaxi unveiling on Wednesday did not help improve investor sentiment.

https://www.cnbc.com/2024/10/11/thats-it-morgan-stanley-rips-tesla-robotaxi-event-for-lack-of-detail.html

Tesla Shares Plummet Following Elon Musk's "Disappointing" Robotaxi Event

Futurism - 72 days ago - Tesla shares fell by up to 8.5 percent after markets opened Friday morning, following a disappointing showing at its Robotaxi event.

https://futurism.com/the-byte/tesla-stocks-plunge-robotaxi-event

Tesla Stock Sheds $60 Billion: Why Wall Street Isn’t Initially Impressed With Robotaxi Event

Forbes - 72 days ago - Meanwhile, shares of Uber spiked 9% to an all-time high, while shares of smaller competitor Lyft rallied 10%.

https://www.forbes.com/sites/dereksaul/2024/10/11/tesla-stock-sheds-60-billion-why-wall-street-isnt-initially-impressed-with-robotaxi-event/

Elon Musk Debuts Driverless Cybercab, Robot Personal Assistant, Robovan

TMZ - 72 days ago - Elon Musk is promising an "autonomous" future, unveiling a number of driverless products ... including Tesla's highly anticipated Cybercab.

https://www.tmz.com/2024/10/11/elon-musk-tesla-driverless-cybercab-robot-assistant/

Investors Seem Unimpressed With Tesla's Robotaxi Reveal

International Business Times - 72 days ago - CEO Elon Musk unveiled the Cybercab concept in California Thursday evening, but investors seemed less than impressed

https://www.ibtimes.com/elon-musk-cybertaxi-reveal-california-3746402

Elon Musk Unveils Tesla’s New Robotaxi, Robovan

The Epoch Times - 72 days ago - Production of the new vehicles could start before 2027, Musk said.

https://www.theepochtimes.com/business/elon-musk-unveils-teslas-new-robotaxi-robovan-5739754

Lot of sci-fi smoke and mirrors: Investors, experts react to Tesla's robotaxi unveil

marketscreenercom - 72 days ago - Tesla on Thursday showcased its long-awaited robotaxi with two gull-wing doors and no steering wheel or pedals, but the glitzy event was light on detail, disappointing investors who had hoped for more...

https://www.marketscreener.com/quote/stock/TESLA-INC-6344549/news/Lot-of-sci-fi-smoke-and-mirrors-Investors-experts-react-to-Tesla-s-robotaxi-unveil-48059723/

Tesla Stock Slumps After 'Cybercab' Unveiling Fails To Impress Investors

Investopedia - 72 days ago - Tesla shares sank Friday morning following the unveiling of its "Cybercab" autonomous taxi and a larger "Robovan" at the electric vehicle maker's "We, Robot" event.

https://www.investopedia.com/tesla-stock-slumps-after-cybercab-unveiling-fails-to-impress-investors-8726923

Tesla's Hyped Robotaxi Event Was a Massive "Disappointment," Investors Say

Futurism - 72 days ago - Tesla held its long-awaited "robotaxi" event, showing off a prototype of its "Cybercab." Investors were not impressed.

https://futurism.com/tesla-robotaxi-event-disappointment

Elon Musk makes bold claims about Tesla robotaxi in Hollywood backlot

Ars Technica - 72 days ago - Tesla regularly makes bold promises it has not kept. Last night, it made many bold promises about autonomous driving and robotics.

https://arstechnica.com/cars/2024/10/elon-musk-makes-bold-claims-about-tesla-robotaxi-in-hollywood-backlot/