Elon Musk’s Robotaxi Unveiling Disappoints

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Elon #Musk unveiled Tesla Inc.’s highly anticipated self-driving taxi at a flashy event that was light on specifics, sending its stock sliding as investors questioned how the carmaker will achieve its ambitious goals.

The chief executive officer showed off prototypes of a slick two-door sedan called the #Cybercab late Thursday, along with a van concept and an updated version of Tesla’s humanoid robot. The #robotaxi — which has no steering wheel or pedals — could cost less than $30,000 and “probably” will go into production in 2026, Musk said.

Read more: https://www.bloomberg.com/news/articles/2024-10-11/musk-shows-tesla-cybercab-sees-sub-30-000-cost-and-2026-debut?utm_content=business&utm_source=twitter&utm_medium=social&utm_campaign=socialflow-organic&cmpid=socialflow-twitter-business&sref=omvmmwIg

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