Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
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.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Bitcoin News Update: Bitcoin’s Drop to $100k Highlights Short-Term Anxiety Versus Enduring Confidence from Institutions

- Bitcoin fell below $100,000 in Nov 2025 amid geopolitical tensions and profit-taking, wiping $1.3B in crypto liquidations. - Technical indicators showed bearish momentum, with whales selling 38.4k BTC while retail traders bought 415 BTC. - Michael Saylor predicted $150k BTC by year-end, citing institutional adoption, as investors shifted to altcoins like AlphaPepe. - Miners like MARA doubled Bitcoin reserves in Q3, but stocks dipped amid macroeconomic uncertainties and volatile price swings.

Bitget-RWA2025/11/08 02:24
Bitcoin News Update: Bitcoin’s Drop to $100k Highlights Short-Term Anxiety Versus Enduring Confidence from Institutions

Vitalik Buterin Backs ZKsync: Driving Layer 2 Expansion and Unlocking Investment Opportunities

- Vitalik Buterin's endorsement of ZKsync's Atlas upgrade validates its technical innovation, boosting institutional interest and investor confidence. - The upgrade enables direct Ethereum liquidity access, achieving 15,000+ TPS and near-zero fees, positioning ZKsync as a key Layer 2 infrastructure. - Buterin's backing triggered a 120% token price surge and $600M market cap, highlighting its potential to dominate Ethereum's scaling solutions. - ZKsync's tokenomics overhaul prioritizes buybacks and staking

Bitget-RWA2025/11/08 02:24
Vitalik Buterin Backs ZKsync: Driving Layer 2 Expansion and Unlocking Investment Opportunities

Zuckerberg: *The Social Network* Captured My Mannerisms, But Not My Life

- Mark Zuckerberg praised *The Social Network* for accurately replicating his Harvard-era casual style, including owned T-shirts and fleece jackets. - He criticized the film's narrative, calling its portrayal of his Facebook motivations and fabricated romantic subplot "completely wrong." - Zuckerberg highlighted Hollywood's struggle to grasp tech entrepreneurship's intrinsic appeal, emphasizing real-world innovation vs. dramatization. - Despite narrative disagreements, he bought the film's iconic "Ardsley

Bitget-RWA2025/11/08 01:50
Zuckerberg: *The Social Network* Captured My Mannerisms, But Not My Life

Zcash Halving Scheduled for November 2025: Triggering Market Fluctuations and Attracting Speculative Investments

- Zcash's November 2025 halving will cut miner rewards by 50%, mirroring Bitcoin's deflationary model and tightening supply. - Historical data shows post-halving price surges, with Zcash's price rising 472% since October 2025 amid $137M institutional inflows. - Privacy-centric features (30% shielded supply) and speculative demand drive volatility, but regulatory risks and competition pose challenges. - Market dynamics highlight tension between scarcity-driven optimism and macroeconomic uncertainties affect

Bitget-RWA2025/11/08 01:50
Zcash Halving Scheduled for November 2025: Triggering Market Fluctuations and Attracting Speculative Investments