Tesla Unveils Robotaxi Called Cybercab and Driverless Model Y
Tesla unveiled its much-awaited robotaxi, the Cybercab, at an event in Southern California. The Cybercab is an autonomous vehicle without steering wheels or pedals and is expected to cost less than $30,000. Tesla CEO Elon Musk stated that autonomous cars will be 10 times safer than cars with human drivers and described them as "comfortable little lounges." The event generated anticipation in the market, with Tesla shares gaining 2.7% in overnight trading. However, there were concerns of a potential stock de