Tesla Cybercab: Five Takeaways as Elon Musk Unveils Robotaxi [Video]

Tesla CEO Elon Musk has unveiled the company’s latest vehicle, the Cybercab, a fully autonomous self-driving car with no steering wheel, accelerator, or brake pedal.

Musk showcased Tesla‘s latest innovations at the “We, Robot” event held at Warner Bros. Studios in Southern California. The spotlight was on the Cybercab, a self-driving taxi that he says will revolutionize urban transportation.

Additionally, Tesla introduced the family-oriented Cybervan, and Optimus, a humanoid robot for the home.

Here’s what you need to know about the Cybercab:

1. How Much Will Cybercab Cost?

Musk announced that the Cybercab is projected to be available for less than $30,000. This pricing strategy, he said, is intended to make autonomous transportation accessible to a broader audience, potentially disrupting the ride-hailing industry.

“You can think of it as individualized mass transit,” he said.

He added that the operating cost of the Cybercab, over time, will be about 20 cents per mile, comparing it to …