Tesla has begun ramping up production of the Cybercab, in line with CEO Elon Musk’s original production timeline for the driverless vehicle. In a recent video shared on social media, Musk showcased the Cybercab being driven around and out of the Tesla Gigafactory in Texas.
Cybercab In Production
The video shows the Cybercab’s interiors, with a single big screen in the middle and no steering wheel or pedals in sight. “Cybercab has started production,” Musk said in the post. The Cybercab is a significant development in the autonomous vehicle industry, and its production marks a major milestone for Tesla.
Elon Musk Confirms No Autonomy For HW3
Musk recently shared that cars equipped with the Hardware 3 (HW3) chipset would be unable to achieve Unsupervised Full Self-Driving (FSD). However, Musk suggested that Tesla could offer to change the HW3 cars’ chips to HW4 and upgrade the cameras, which may require setting up mini factories in cities to do so.
Tesla Model S And X End Production
Investor Ross Gerber of Gerber Kawasaki criticized Tesla’s decision to end the production of the premium Model S and Model X vehicles. Gerber called the Model S “the best EV ever made” and argued that the decision to shift focus towards humanoid robots is counterproductive.
Optimus V3 Humanoid Robot
Musk also shared that the Optimus V3 humanoid robot would enter production at Fremont, California, but acknowledged that Tesla could reveal the robot closer to its production timeline of July-August this year. Musk accused rivals of copying Tesla’s technology and stated that the company would unveil the Optimus V3 robot closer to its production date.
Price Action
Tesla’s stock declined 2.89% to $376.30 during pre-market trading on Friday. According to recent rankings, Tesla offers satisfactory Momentum, but poor Value, and fails to provide a favorable price trend in the Long term.
Latest Developments
- Tesla invested $2 billion into SpaceX, according to Q1 2026 earnings.
- The company is expanding its robotaxi rollout to Dallas and Houston after a successful launch in Austin.
- Musk’s focus on humanoid robots has raised questions about the company’s priorities and strategy.