Tesla Introduces 2-Seater Cybercab That Drives Itself, Expected to Price Under $30,000; Also unveils 20-seater robovan to compete with Uber Shuttle – Tesla (NASDAQ:TSLA)

EV giant Tesla Inc. TSLA on Thursday unveiled its special two-seat robotaxi product, nicknamed Cybercab, complete with upward-opening butterfly wings.

What happened: CEO of the company Elon Musk said at an ongoing event in Los Angeles that Tesla had manufactured 20 units of the vehicle, which took to the stage at the event with the billionaire inside. At first glance, the exterior design of the Cybercab resembles the angular steel body of the Cybertruck.

The design also bears great similarities to the design shared by Musk's biographer Walter Isaacson in his book published last year. According to Musk, the price of the vehicle will be less than $30,000.

Musk also revealed that the Cybercab will not include a charging plug, but will instead use inductive charging.

The Cybercab: CEO of the company Elon Musk said at an ongoing event in Los Angeles that Tesla had manufactured 20 units of the vehicle, which took to the stage at the event with the billionaire inside. At first glance, the exterior design of the Cybercab resembles the angular steel body of the Cybertruck.

The design also bears great similarities to the design shared by Musk's biographer Walter Isaacson in his book published last year.

Musk also revealed that the Cybercab will not include a charging plug, but will instead use inductive charging.

According to Musk, the price of the vehicle will be less than $30,000.

The Robovan: Tesla also introduced the Robovan, which can accommodate up to 20 people.

The Robovan has an angular structure and no pedals or steering wheels, but resembles a cart from the outside.

It could compete Uber Technologies Inc.s ABOVE Newly announced shuttle service, but details about the Robovan's launch are not yet known.

Vision for autonomous driving: The company will begin autonomous driving next year with its Model 3 and Model Y in Texas and California, and the Cybercab will join the autonomous fleet in 2026 or before 2027, Musk said, adding that he tends to be overly optimistic about the timelines .

The product was unveiled at the “We, Robot” event held by Tesla at the Warner Bros. Discovery Inc. film studio near Los Angeles. Although the event was scheduled to begin at 10pm CT, there was a significant delay of over 50 minutes.

Musk said the event was delayed because one of the guests had a medical emergency.

Musk reiterated that Optimus will be available at a price of $20,000 to $30,000 once production ramps up.

Musk previously said the electric vehicle company would have “really useful” low-production humanoid robots for use in its factories next year. The company will “hopefully” increase production for other customers in 2026, he said in July.

Price promotion: Tesla shares rose 0.4% in after-hours trading after closing down nearly 1% at $238.77 on Thursday, according to data from Benzinga Pro.

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Photo courtesy: Tesla