Shares climb 5% on hopes futuristic taxis will catch on
Tesla promoted the launch on X with the line “No steering wheel, no pedals.” Musk followed with a post showing a giant Cybercab floating above the Austin skyline and later wrote, “A Storm of Cybercabs.”
AP reported that Tesla plans to expand the service to other cities but said the broader rollout timeline remains unclear and that Musk needs to move quickly. An invitation-only launch event was expected to be held later Thursday.