Tesla, Inc. CEO Elon Musk reaffirmed that the pedal-free Cybercab robotaxi is still on track for April production at Gigafactory Texas. He called it a “radical redesign” of car manufacturing, targeting ~5x higher output long term.
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⚠️ But expect a slow start. Musk warned the production ramp will follow an S-curve — very slow initially, then scaling to “super high volume” once optimized (eventually aiming for a vehicle every ~10 seconds).
The Cybercab is key to Tesla’s robotaxi and AI ambitions, expanding beyond current Model Y test fleets in Texas.
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Not everyone is convinced — investor Gary Black questioned demand for a 2-seat, autonomy-only vehicle and Tesla’s aggressive volume assumptions.
TSLA +17% over 12 months. Retail sentiment remains bullish.