Elon Musk, CEO of Tesla Inc., has shared that the company’s anticipated Cybercab will scale up production next year. This news comes as the tech and automotive industries are experiencing a significant push in Robotaxi technology.
Production Ramp in 2026
Musk’s announcement was made in response to a post by influencer Sawyer Merritt, who shared images of the Cybercab being produced at one of Tesla’s facilities. Musk clarified that the images were from production tests, stating that the “real production ramp starts in April.”
Tesla’s Cybercab and Robotaxi Push
The Cybercab has been spotted in various locations, including Austin and California, with Musk himself being driven around autonomously in a Tesla Model Y Robotaxi in Austin. While Tesla has yet to officially announce the rollout of driverless Robotaxis in Austin, the company is making progress towards its goal of achieving end-of-the-year driverless operations.
Recent Developments
Tesla has also shared its delivery estimates for the fourth quarter of 2025, outlining 423,000 deliveries. However, some investors, such as Gene Munster of Deepwater Asset Management, predict a lower delivery figure of 415,000 due to headwinds like policy changes.
Market Analysis
Tesla’s stock has been affected by these developments, with the company’s shares sliding 0.08% to $454.05 during after-hours trading. Despite this, Tesla scores well on Momentum and Quality metrics, but offers poor Value. The company’s price trend is favorable in the Short, Medium, and Long term.
Conclusion
As the year comes to a close, Tesla is making significant strides in its Robotaxi technology and Cybercab production. With the company’s focus on innovation and expansion, it will be interesting to see how these developments impact the tech and automotive industries in the coming year.
Related News
- Elon Musk says his wealth is tied to Tesla and SpaceX shares, criticizes ‘taker’ Bernie Sanders
- Tesla’s Austin Robotaxi project is smaller than Elon Musk’s claims, report says
- Tesla Q4 deliveries face steep slump, Gene Munster warns, adds real value now lies in physical AI