According to Phil Lebeu, who covers the auto and aviation industry for CNBC Business News, writes that although people were drawn into the show around Elon Musk, concrete news and timelines are required for a robot taxi or a brand new, cheaper Tesla model. With the Cybercab, Musk hopes to have delivered both.
Ross Gerber, CEO of Gerber Kawasaki Wealth & Investment is on the same track, saying in an interview with Yahoo Finance quotes “Over time, I think Tesla will be successful in these things. But that is not the question. The question is when. In Los Angeles, robot taxis are part of everyday life now. Google and Waymo are the leaders today and they partner with Uber. That's what Tesla has to compete with." unquote.
The plan for the Cybercab, according to Tesla, is for it to be available for purchase by private individuals before 2027 and will cost less than $30,000 in America. With Cybercab, Tesla will also take up the fight with Google's parent company Alphabet, which currently dominates the market with the Waymo service.
That Elon Musk has the ambition to want to shift (TSLA) to become a robot company has been known for a long time. Although it is a high-risk move, I am confident that Elon Musk will succeed. He is by far one of the world's absolute top entrepreneurs.
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