Official Tesla announcements or press releases

Tesla Reveals $25,000 Cybercab Robotaxi with 5.5 mi/kWh Efficiency, Production Starting 2026

Oct 24, 2024, 11:30 AM

Tesla has announced plans for a new autonomous vehicle called the Cybercab, which will cost $25,000. The Cybercab will be built on Tesla's next-generation platform and will feature a new powertrain with an estimated efficiency of 5.5 miles per kilowatt-hour, making it the company's most efficient powertrain yet. The vehicle will not have a steering wheel or pedals, reflecting Tesla's focus on a future dominated by autonomous transportation. Elon Musk stated that producing a regular $25,000 electric vehicle is pointless, emphasizing the company's commitment to robotaxis and autonomous vehicles. He described autonomy as 'blindingly obvious at this point' and 'the future'. Production of the Cybercab is set to begin in 2026, with Tesla aiming to produce between 2 to 4 million units annually.