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00:00After years of bold promises about driverless technology, Tesla CEO Elon Musk has finally

00:04unveiled the CyberCab, the latest addition to Tesla's lineup. At a highly anticipated event

00:08in Burbank, Musk introduced the CyberCab, a stylish two-seater that completely eliminates

00:13steering wheels and pedals. Musk revealed that Tesla currently has 21 CyberCabs and a total of

00:1750 autonomous vehicles ready for demonstration. While he didn't disclose where production will

00:21take place, he did say consumers can expect a price under $30,000, with production aimed for

00:27before 2027. In addition, Musk announced that the Robovan, an electric vehicle designed to

00:33transport up to 20 passengers, is also perfect for high-density needs like sports teams.

00:37Both vehicles will feature innovative inductive charging, allowing them to recharge without

00:41plugging in. Musk expressed optimism about Tesla's full self-driving capabilities,

00:45stating that, quote, unsupervised FSD could launch into Texas and California by next year.

00:51However, Musk's past predictions have fallen short. He previously claimed full autonomy

00:55would be achieved by 2015 and robo-taxi-ready vehicles by 2020. In addition, Musk encouraged

01:01investors to believe in Tesla's vision for autonomy. Yet, the stock saw a 10%

01:05decrease following the announcement, with many still skeptical. Musk also teased a humanoid

01:10robot named Optimus, which entertained attendees by serving drinks. This unveiling marks Tesla's

01:14first major product reveal since the Cybertruck's design was introduced in 2019.