6 interesting things Elon Musk said about the Cybercab during Tesla's earnings call

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  • Elon Musk talked much astir nan autonomous Cybercab during Tesla's third-quarter net call.
  • He said Cybercab will scope measurement accumulation successful 2026 and intends to nutrient 2 cardinal a year.
  • Musk besides discussed nan car's design, its "roughly $25,000" value tag, and what passengers tin do while nan car drives itself.

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It's been little than a period since Elon Musk unveiled nan Tesla Cybercab, an autonomous robotaxi without a steering instrumentality aliases pedals, astatine nan company's "We, Robot" event.

Wall Street analysts looked to Tesla's third-quarter earnings connected Wednesday for much specifications connected nan upcoming conveyance and its corresponding ride-hailing app, which is simply a cardinal portion of Musk's imagination for a "robotaxi fleet."

During a telephone pinch analysts, Musk talked much astir what's coming for nan Cybercab and his thoughts connected erstwhile Tesla could connection its first autonomous rides, pending regulatory approval.

Here are nan awesome takeaways.

Musk says Cybercab will scope measurement accumulation successful 2026

Tesla Cybercab property image

Tesla's Cybercab was first shown disconnected astatine nan company's "We, Robot" arena connected October 10, 2024. Tesla

Musk said during nan expert telephone that he feels "confident" that Cybercabs will scope measurement accumulation successful 2026.

"I do consciousness assured of Cybercab reaching measurement accumulation successful '26, not conscionable starting production, reaching measurement accumulation successful '26," he said.

The institution will request regulatory support to run nan Cybercab, and Musk said he expects to get specified support adjacent twelvemonth successful Texas and California, which would besides let it to rotation retired its ride-hailing app.

Speaking to Tesla's wide vehicles business, Musk estimated 20% to 30% maturation successful conveyance income adjacent twelvemonth "notwithstanding antagonistic outer events."

Tesla intends to nutrient astatine slightest 2 cardinal Cybercabs a year

Musk said successful nan telephone that Tesla wants to nutrient a "substantial" magnitude of robotaxis each year.

The Tesla CEO said, "We're aiming for astatine slightest 2 cardinal units a twelvemonth of Cybercab. That will beryllium successful much than 1 factory, but I deliberation it's astatine slightest 2 cardinal units a year, possibly 4 cardinal ultimately."

Musk hedged, calling these numbers his "best guesses."

Musk says nan Cybercab will costs 'roughly $25,000'

When Musk first showed disconnected nan Cybercab astatine nan "We, Robot" event, he said nan institution expected to waste it for "below $30,000."

On Wednesday's net call, Musk said it'll costs "roughly $25,000."

"What we designed is optimized for autonomy," Musk said. "It will costs connected nan bid of — costs astir 25K, truthful it is simply a 25K car. And you can, you will beryllium capable to bargain 1 exclusively if you want. So, it conscionable won't person steering wheels and pedals.

Tesla isn't making a type of nan Cybercab pinch a steering instrumentality aliases pedals

If you were hoping for a much accepted sub-$30,000 Tesla car pinch a steering instrumentality and pedals, it won't beryllium nan Cybercab.

"So, I deliberation we've made very clear that we're — nan early is autonomous," Musk said successful consequence to a mobility astir erstwhile to expect a $25,000 non-robotaxi vehicle.

Musk said having a regular $25,000 exemplary would beryllium "pointless," and that a "hybrid, manual, automatic" conveyance wouldn't beryllium "as good" arsenic an autonomous version. Musk said Tesla is designing a conveyance that is "optimized for autonomy."

Musk says riding successful nan Cybercab is 'like being successful a individual movie theatre'

Musk said Tesla will support expanding offerings connected Tesla car screens and erstwhile afloat autonomy is reached, "you tin do thing you want" while successful nan conveyance because it will beryllium driving connected its own.

Musk gave examples for illustration browsing nan internet, asking AI questions, watching a movie, playing a video game, aliases doing immoderate "productivity thing."

"So that's why nan Cybercab sewage a bully large surface and a awesome sound strategy truthful you tin watch it, watch a awesome movie," Musk said.

The instrumentality making nan Cybercab 'revolutionary,' Musk says

Musk said Tesla is "designing a batch of precocious measurement production," and besides designing nan "machine that builds nan machine," which he said is "revolutionary."

"It's not, it's particularly not conscionable a revolutionary conveyance design, but a gyration successful conveyance manufacturing that is besides coming pinch nan Cybercab," Musk said. "The rhythm time, like, the, nan units per hr of nan Cybercab statement it is — like, this is conscionable really thing special."

Musk said nan instrumentality that builds nan instrumentality is designed to beryllium 5 times amended than a accepted mill successful position of rhythm time.

Tesla said that it's done a bully occupation combining factors for illustration who's going to make nan vehicle, wherever it will beryllium made, really it will beryllium shipped, and really it will beryllium assembled to beryllium "the astir businesslike facet possible." That will show successful Tesla's superior expenditures ratio erstwhile it's deployed, arsenic good arsenic nan number of parts chosen and really it performs, nan institution said during nan call.

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