A single destination for timely, editor-curated robotics news from around the world.
Tesla is set to launch its Cybercab service in new markets beyond Austin, Texas, starting with Dallas next month. The company aims to dominate terrestrial transportation, as stated by CFO Vaibhav Taneja during the third-quarter earnings call. Tesla's expansion includes selling Cybercabs to fleet ope...
Tesla has secured $30 billion in new credit lines to support the scaling of its Cybercab robotaxi, Optimus robot, and Tesla Semi. The funding includes a $20 billion three-year delayed-draw term loan facility from Citibank, alongside an $8 billion five-year revolving credit facility and a $2 billion...
Tesla, Inc. (NASDAQ:TSLA) launched its Cybercab on September 3 in Austin, Texas, but the event fell short of expectations, leading to a quick decline in stock value. The company showcased a brief video of the two-seat, steering-wheel-free vehicle, but investors were left wanting more details on depl...
Tesla, Inc. (NASDAQ:TSLA) has entered the autonomous-driving sector by offering robotaxi rides with its newly launched Cybercab. The launch event took place in Austin on September 3, and Goldman Sachs has maintained a Neutral rating on Tesla, projecting a 12-month price target of $360. The firm sugg...
Tesla is exploring partnerships with entrepreneurs to support its nationwide robotaxi ambitions, particularly for its recently launched driverless Cybercab. The company is seeking independent partners to help with financing, parking, charging, cleaning, and maintaining a fleet of self-driving taxis,...
Uber Technologies (UBER) experienced a decline in stock value on Tuesday, as Wall Street analysts provided optimistic views on the company's strategies to counter competition from Waymo and Tesla (TSLA). The drop occurred following Tesla's official launch of its 'Cybercab' in Austin, Texas, which is...
Tesla (TSLA) held an exclusive launch event for its Cybercab in Austin on September 3, marking a pivotal move towards scalable robotaxi networks. The two-seat Cybercab, which lacks a steering wheel and pedals, is now part of Tesla's Robotaxi app, allowing limited rides in select areas of Austin, Tex...
Tesla's Cybercab event in Austin has sparked mixed reactions, with some viewing it as a pivotal moment for robotaxi innovation while others criticize its lack of substance. CEO Elon Musk's absence raised eyebrows, especially given the company's focus on robotics and AI as key to its future. Currentl...
Tesla Inc. CEO Elon Musk announced the launch of the Cybercab, heralding a new era in mobility. He emphasized the vehicle's integration with Space Exploration Technologies Corp.'s Starlink internet, which will enable passengers to enjoy 4K live video during rides. Musk's comments highlight the sign...
Tesla's recent private event for the Cybercab showcased a stark departure from its typical large-scale launches, with CEO Elon Musk notably absent. The Cybercab promises to be a fully autonomous vehicle utilizing cameras and AI, but details were sparse, primarily shared through PDFs and updates to t...
On September 3, Tesla held the 'Cybercab Launch Event' in Austin, Texas, introducing the autonomous vehicle 'Cybercab' into its Robotaxi service. The two-seater Cybercab, which lacks a steering wheel and pedals, is now available for rides in select areas of Austin. This development is significant a...
The National Highway Traffic Safety Administration (NHTSA) has initiated an investigation into Tesla's deployment of its new Cybercab, which lacks traditional steering wheels and pedals. This announcement came shortly after Tesla began operating the first Cybercabs in Austin, Texas. This investigat...
The Tesla Cybercab is facing a federal investigation due to its lack of required safety features, including sideview mirrors and pedals. The National Highway Traffic Safety Administration (NHTSA) has opened an audit query to examine Tesla's certification process for the vehicle, which reportedly doe...
Tesla has rolled out dozens of its Cybercabs on public roads in Austin, Texas, advancing its autonomous ride-hailing initiative. These gold-colored vehicles are designed without steering wheels or brake pedals, eliminating manual control for passengers. This deployment aims to test both the technolo...
Tesla has released a form for businesses interested in purchasing Cybercab fleets or providing infrastructure for its autonomous vehicle network. This move indicates the company's ambition to expand its operations beyond being a mere robotaxi operator. CEO Elon Musk has long envisioned a large-scale...
Tesla has officially launched its Cybercab at a private event in Austin, Texas, with 45 vehicles registered in the state. However, the event was notably low-key, lacking a livestream and featuring a limited guest list, primarily consisting of pro-Tesla influencers. Critics voiced their concerns abou...
Tesla is set to launch the Cybercab, a two-seater autonomous vehicle, in Austin, Texas. This event could signify a major shift for the company as it aims to establish itself as a leader in AI and robotics, moving beyond traditional automotive manufacturing. The significance of the Cybercab launch l...
Waymo recently asserted that fully autonomous vehicles require a combination of sensors, criticizing Tesla's reliance on end-to-end AI systems. This statement came just before Tesla's anticipated launch of its Cybercab on September 3, which is part of its expanding robotaxi fleet. Waymo's claims spa...
Tesla's stock price increased by over 5% on Monday, propelling it to the top of the S&P 500. This surge occurred without a clear catalyst, but speculation surrounding CEO Elon Musk's remarks on future updates to the company's self-driving technology may have influenced investor sentiment. The rise...
The National Highway Traffic Safety Administration (NHTSA) has initiated an investigation into Tesla's launch of its Cybercab, which lacks traditional manual controls such as a steering wheel and pedals. This announcement came shortly after the Cybercabs were deployed on public roads in Austin, Texa...
Prediction markets indicate that Tesla Inc (NASDAQ:TSLA) has only a 17% chance of achieving a retail sale of its Cybercab this year. This figure has dropped from 33% in late April, despite an exclusive launch event scheduled for September 3 in Austin, Texas. The prediction market stipulates that onl...
Investment bank JPMorgan Chase & Co. has indicated that Tesla Inc. is focusing on the Cybercab rather than expanding its Model Y robotaxi fleet. Following a meeting at Tesla's Fremont, California facility, JPMorgan noted that Tesla expressed confidence in scaling Cybercab operations in the near term...
In a significant development, all 170 Tesla Robotaxi rides in Austin have been reported as unsupervised over the past two weeks, according to Robotaxi Tracker. This marks a pivotal moment seven months after Elon Musk announced the transition to driverless operations in the city. The data indicates a...
Tesla is preparing to launch its Cybercab, a robotaxi-specific model, potentially as early as this month. The company plans to begin offering rides to employees in Austin, Texas, in the coming weeks, followed by a public rollout shortly thereafter, as reported by The Information. The introduction o...
Tesla (TSLA) investors should note September 30 as the date for the company's response to the National Highway Traffic Safety Administration (NHTSA) regarding its Cybercab's compliance with federal safety standards. This inquiry follows the Cybercab's commercial deployment in Austin, Texas, on Septe...
Tesla has officially launched its fully autonomous Cybercab in Austin, Texas, with a fleet of approximately 50 operational vehicles. This marks a significant step towards the company's goal of revolutionizing urban transportation with robotaxis. Morgan Stanley analyst Andrew Percoco noted that Wall...
Tesla is set to launch its Cybercab as part of its robotaxi service in Austin, Texas, nearly two years after Elon Musk first introduced the concept. This stripped-down, camera-only vehicle aims to revolutionize Tesla's approach to autonomy, relying solely on cameras instead of multiple sensors used...
Tesla's primary near-term risk stems from significant investments in its Cybercab and Optimus projects, which CEO Elon Musk identifies as key value drivers. The company's aggressive spending could lead to cash flow challenges if these initiatives do not generate expected earnings. Analysts predict c...
Tesla is poised to take significant steps towards fulfilling Elon Musk's long-standing vision of establishing a robotaxi network. The company has been working on this ambitious project for several years, and recent developments suggest that it may soon be ready to launch the service. This initiative...
A recent study conducted by researchers at the University of California, Berkeley, has revealed significant findings regarding the impact of social media on mental health. Published on October 15, 2023, the research highlights a correlation between increased social media usage and rising levels of a...
Elon Musk announced that Tesla has commenced production of its Cybercab robotaxi, marking a significant step towards the company's vision of an AI-driven future. This development highlights Tesla's commitment to advancing autonomous vehicle technology. The announcement comes as part of Musk's broade...
Tesla has officially begun production of its highly anticipated Cybercab at the Gigafactory in Austin, Texas. The announcement was made on Thursday via a post on X, accompanied by a video showcasing the steering wheel-less robotaxi as it exited the factory. Despite this significant milestone, CEO El...
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