Elon Musk announced that Tesla's autonomous robotaxi, the Cybercab, is expected to reach production volume by 2026. Speaking during a recent earnings call, Musk expressed confidence in achieving this milestone, stating, "I am confident that Cybercab will reach production volume in 2026."
The company requires regulatory approval to operate the Cybercab, which Musk anticipates will be granted next year in Texas and California. This approval is crucial for launching Tesla's ride-hailing application.
Musk projected a 20% to 30% growth in global vehicle sales for Tesla next year, despite external challenges. He stated, "Our goal is to achieve at least two million units per year of Cybercab, potentially four million in the long run."
The Cybercab is expected to be priced around $25,000, optimized for autonomy with no steering wheel or pedals. Musk emphasized that the future is autonomous, suggesting that traditional vehicles would be "useless" compared to fully autonomous models.
Additionally, Musk highlighted Tesla's commitment to high-volume production and revolutionary manufacturing processes, aiming for efficiency in both production and capital expenditures.