TSLA ▼ -2.5% - Tesla, Inc.
$TSLA Tesla: Launches Steering-Wheel-Free Cybercab Rides in Austin ? • Tesla customers can now book rides in Cybercabs through the Robotaxi app, marking the first public deployment of its purpose-built autonomous vehicle. • Tesla has registered 45 Cybercabs in Texas, bringing its state robotaxi fleet to 420 vehicles. • The two-seat Cybercab has no steering wheel, pedals or mirrors, relies on cameras and neural networks rather than lidar or radar, and is not yet available for commercial sale.
Tesla launched steering-wheel-free Cybercab rides in Austin, allowing customers to book autonomous vehicle trips through its Robotaxi app with 45 newly registered vehicles in Texas, yet the stock declined 2.5% today. The market's negative reaction suggests investor concerns about the timeline to profitability, regulatory hurdles, or questions about the commercial viability of the robotaxi service despite the technological milestone.
04-SEP-2026 05:17 AM ET
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