Bitget App
Trade smarter
Tesla plans to start manufacturing Cybercab in April, according to Musk

Tesla plans to start manufacturing Cybercab in April, according to Musk

Bitget-RWA2025/11/07 05:33
By:Bitget-RWA

During Thursday’s shareholder meeting, CEO Elon Musk announced that Tesla will start manufacturing the Cybercab—an autonomous electric vehicle designed without pedals or a steering wheel—this coming April at its Austin, Texas facility.

Musk’s remarks about the Cybercab followed shortly after shareholders gave overwhelming approval to a compensation plan for him, potentially valued at up to $1 trillion in Tesla stock, marking the largest such package in business history.

“We’ve developed the first vehicle purpose-built for fully autonomous, unsupervised driving—a robotaxi named Cybercab. It lacks both pedals and a steering wheel,” Musk explained, noting that side mirrors are also absent. “It’s engineered to minimize cost per mile in autonomous operation, and production will take place right here at this plant, beginning in April next year.”

Despite repeated assurances, Tesla has not yet proven that its vehicles can operate autonomously at scale without a human safety operator.

Musk’s statements appear to contradict Tesla chairwoman Robyn Denholm, who recently told Bloomberg that the Cybercab would feature a steering wheel and pedals as a contingency. Tesla had previously considered offering a version with these controls, but Musk ultimately decided to pursue a more minimalistic approach for its most affordable models.

Musk also highlighted the Cybercab’s production process, claiming the assembly line will achieve a 10-second cycle time—a significant leap from the one-minute cycle time for the Model Y. According to Musk, this could allow for annual production of between 2 and 3 million Cybercabs.

“These vehicles will be everywhere in the years to come,” he predicted.

Tesla first introduced the Cybercab in October 2024 at its high-profile “We, Robot” event at Warner Bros. Discovery studios in California, promising that the vehicle would eventually be available for private ownership.

Since that unveiling, Tesla has rolled out a very basic robotaxi service, though not with the Cybercab itself. The service, which began in June in select Austin neighborhoods, uses Model Y SUVs equipped with what Musk has described as a new, “unsupervised” version of Tesla’s Full Self-Driving software. A Tesla staff member occupies the passenger seat during these autonomous trips.

Deploying a Cybercab—or any vehicle—on public roads without conventional features like a steering wheel will require federal regulatory approval. Earlier this year, Zoox, backed by Amazon, secured an exemption, but only for demonstration purposes with its custom robotaxis on public streets. Zoox is still seeking permission to operate a commercial robotaxi service.

Obtaining such regulatory exemptions is a lengthy and complex process. For instance, General Motors was unsuccessful in getting approval for its purpose-built Cruise Origin. Waymo, the leading robotaxi operator in the U.S., continues to use modified Jaguar I-Pace vehicles that retain standard controls, though it is also working on a new vehicle with Zeekr.

Musk appeared undeterred by the possibility of regulatory obstacles and expressed gratitude to Waymo for “leading the way.”

“I believe we’ll be able to put every Cybercab we manufacture on the road,” Musk said in response to a shareholder’s question at the annual meeting. “As these vehicles become a common sight in cities, regulators will have fewer and fewer reasons to object.”

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

You may also like

Bitcoin News Update: Bitcoin Drops Under $100K Amid Diverging Analyst Opinions on Market Direction

- Bitcoin dropped below $100,000 on Nov. 7, driven by macroeconomic risks and $2B+ ETF outflows amid U.S.-China tensions and Fed inaction. - Analysts highlight $113,000 as critical resistance and $100,000 as key support, with breakdowns risking $88,000 liquidation levels. - Institutional views diverge: Ark Invest cut targets to $120,000 while JPMorgan raised fair value to $170,000 amid shifting adoption narratives. - Market eyes December's "Santa Rally" potential but recovery hinges on Bitcoin holding abov

Bitget-RWA2025/11/07 11:38
Bitcoin News Update: Bitcoin Drops Under $100K Amid Diverging Analyst Opinions on Market Direction

Bitget Connects Speculation and Risk Control through STABLEUSDT Futures

- Bitget launched STABLEUSDT pre-market futures with 25x leverage, offering 24/7 trading since Nov 6, 2025. - The contract features 4-hour funding settlements and 0.00001 tick size to enable flexible positioning. - As the world's largest UEX, Bitget aims to boost market depth for emerging tokens through strategic liquidity initiatives. - Partnerships with LALIGA/MotoGP and a $2M loan program highlight its mission to democratize crypto access. - Risk warnings emphasize volatility concerns for leveraged prod

Bitget-RWA2025/11/07 11:20

Token Unlock Releases and Large Holder Sell-Offs Drive Ethena's 80% Value Decline

- Ethena's ENA token dropped 80% to $0.31 amid massive unlocks and whale selling, with 45.4% of tokens released in November. - Robinhood listing and Binance's USDe buyback program offer limited support as 6.8B tokens circulate and 5.99B remain locked until 2026. - USDe's $8.9B TVL and multi-chain expansion highlight potential, but technical indicators signal a possible 37% further price decline. - Analysts warn ongoing unlocks, whale activity, and crypto market volatility could prolong ENA's bearish trend

Bitget-RWA2025/11/07 11:20
Token Unlock Releases and Large Holder Sell-Offs Drive Ethena's 80% Value Decline

Web3 Rewards Program Fuels Surge in TWT and 1INCH

- Trust Wallet's TWT and 1INCH tokens gain momentum as Trust Premium loyalty program boosts user engagement and on-chain activity surges. - TWT trading volume rises to $32.98M while 1INCH hits $110.86M weekly volume, supported by technical indicators and ecosystem integrations. - TWT stabilizes above $1 with key resistance at $1.2935, while 1INCH tests $0.2330 level amid bullish MACD and RSI signals. - Trust Premium's tiered rewards and 1inch integration create flywheel effects, linking user activity direc

Bitget-RWA2025/11/07 11:02
Web3 Rewards Program Fuels Surge in TWT and 1INCH