Elon Musk, the CEO of Tesla Inc., has revealed the first production version of the Cybercab, which will be priced at $30,000. This milestone was announced on the social media platform X, where Musk congratulated the Tesla team on producing the first unit of the Cybercab at the Gigafactory in Texas.
Production and Pricing
Musk confirmed that the Cybercab would be available to customers for $30,000 or less. YouTuber Marques Brownlee, also known as MKBHD, had previously expressed doubts about Musk’s claims that the EV giant would be able to offer the Cybercab at this price point. However, with Musk’s confirmation, it seems that MKBHD may have to shave his head on camera as promised.
Cybercab’s Production Goal
Musk had earlier reaffirmed the April production target for the Cybercab, which would have no steering wheel and pedals. The production would initially be slow due to the automaker’s different manufacturing process, but it would ramp up soon after.
Robotaxi Ambitions and Concerns
Meanwhile, doubts have emerged over Tesla’s Robotaxi ambitions as the company reported five additional crashes of its Robotaxis in Austin during January 2026. This takes the total number of incidents reported to 14. Additionally, Tesla’s FSD technology has raised concerns after an owner showed multiple videos of their Tesla vehicle on FSD almost driving into a lake.
Market Response
The news of the Cybercab’s production and pricing has had a mixed response in the market. Tesla’s stock slid 1.63% to $410.63 at market close on Tuesday but surged 0.28% to $411.76 during the overnight session.
Conclusion
The unveiling of the Tesla Cybercab at an affordable price point of $30,000 is a significant milestone for the company. With its innovative design and features, the Cybercab is expected to disrupt the electric vehicle market. However, concerns over Tesla’s Robotaxi ambitions and FSD technology remain, and the company will need to address these issues to gain the trust of its customers and investors.