Tesla announced plans to expand its Cybercab robotaxi service beyond Austin, Texas, beginning in Dallas next month and reaching other cities by year-end. The company aims to dominate terrestrial transportation and will start selling Cybercabs to fleet operators soon. Tesla claims its Cybercab is cheaper and easier to build than competitors like Waymo, but regulatory approvals and technological challenges remain. CEO Elon Musk expects the robotaxi business to become financially significant by late 2024 or 2027, with safety and regulatory compliance as key priorities.
Tesla shares are trading at USD 382.44 on Pluang as of Oct 22, 2026 23:01 WIB, down 1.04% in the past day. The stock's market cap stands at $1.53 trillion, reflecting its significant presence in the consumer cyclical sector. Despite the recent news of expanding Cybercab services, Pluang data shows a typical hold time of 88 days and a majority of 76% sell orders among users at this time.
Tesla's recent earnings call focused heavily on future technologies like robotaxis, AI, and humanoid robots, while its core car business showed modest performance. In the world's largest EV market, China, Tesla lags behind local competitors in sales ...
Tesla has begun high-volume production of its humanoid Optimus robots in Fremont, aiming for up to a million units per line eventually. Texas Instruments (TI) revealed its chips, costing $500 to $1,000 per robot, are integral to these robots, potenti...
Tesla's shares fell following a flat Q3 revenue report and a year-over-year decline in electric vehicle deliveries, despite slightly better-than-expected earnings per share. CEO Elon Musk highlighted efforts to expand full self-driving approvals and ...
Elon Musk claimed Tesla will eventually handle the majority of all passenger miles on Earth where it can operate freely, highlighting the company's ambition in autonomous ride services. Despite this bold vision, Tesla's current robotaxi fleet has dri...
Tesla reported Q3 2026 earnings that surpassed EPS expectations despite a decline in revenue and year-over-year earnings and free cash flow. The company's gross margin improved to 19.6%, supported by growth in non-electric vehicle segments like Full ...
