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Tesla Chief Executive Elon Musk has surprised viewers with his tendency to be personally involved in key events in the maker of electric cars and humanoid robots’ strategy, but The official debut of Cybercab, a self-driving taxi in this sense, was not only an exception, but also a big disappointment, causing the company’s stock price to drop 6%.
Image source: Tesla
Purely technically speaking, Tesla’s Austin factory began assembling the Cybercab without a steering wheel and pedals as early as April, but it didn’t gain production status until July. The car can carry two people and a fair amount of luggage in unmanned mode; there are no traditional controls in the cabin. The company’s website has posted instructions for users of its proprietary self-driving taxi service on how to interact with the Cybercab interface, as the electric vehicles are already on the roads of Texas’ capital for commercial passenger transportation. Traditionally, service areas have been limited, but in general, the National Highway Traffic Safety Administration yesterday took an interest in the legality of providing such services.
This, in turn, has put pressure on Tesla’s stock price. RBC Capital Markets analyst explains CNBCinvestors were disappointed with the results of this debut for the following reasons: the company provided a limited amount of additional information about the product compared to existing information, could not confirm the existence of a properly issued official license to provide related services, and did not disclose its cost. In addition, there is currently no clear data on Tesla Cybercab production. The announcement, which was not accompanied by the company’s traditional online broadcast, also raised alarm among the public. The first eyewitness accounts posted on social media showed route planning errors by self-driving taxis, as well as increased travel times and wait times for bookings, but did little to increase optimism.
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