Why Elon Musk s Robotaxi Is Such a Risky Bet for Tesla

At Teslas We, Robot event on Oct. 10, Elon Musk finally unveiled his muchanticipated Cybercab. Yet the worlds richest person was light on details, renewing investor skepticism about the viability of Teslas strategy. The robotaxiwhich has no steering wheel or pedalscould cost less than 30, 000 and probably will go into production in 2026, according to Musk. But Tesla has a track record of blowing past timelines for all manner of future products, including a particularly difficult time following through on Musks selfdriving promises. The Cybercabs development and deployment roadmap will be a significant new test of shareholder and customer patience. Sign up here to receive the Bloomberg Evening Briefing, our flagship newsletter delivered to your inbox daily. 00:00 Introduction 01:10 High expectations 02:05 Te