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Tesla's Cybercab robotaxi fleet in Austin grows eightfold to 300+ vehicles, with Dallas expansion planned.

Market News
16 Oct 2026
Chris Neiger
View Source
Bullish
Tesla's Cybercab robotaxi fleet in Austin grows eightfold to 300+ vehicles, with Dallas expansion planned.

Tesla has rapidly expanded its Cybercab robotaxi fleet in Austin, increasing the number of vehicles more than eight times within a month to over 300. This significant growth suggests Elon Musk's vision for autonomous robotaxis is gaining traction. The company plans to extend this fleet expansion to Dallas next, signaling a broader rollout of its robotaxi service. This development could mark a major step forward in commercial autonomous vehicle deployment and impact the ride-hailing market.

Tesla's stock on Pluang is trading at USD 368.30 as of Oct 16, 2026 09:11 WIB, which is closer to its 52-week low of USD 298.16 than its high of USD 489.88. Despite the recent surge in its Cybercab robotaxi fleet, Tesla's share price has only inched up by 0.31% in the last day, reflecting cautious investor sentiment even as the company pushes forward with autonomous vehicle expansion. The market cap stands at $1.45 trillion, indicating strong overall valuation amid ongoing developments.

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