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Tesla’s Cybercab Production Hints At Autonomous Revenue Potential

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EV giant Tesla Inc. (NASDAQ:TSLA) has started hiring for the start of production of its Cybercab vehicle aimed at autonomous driving, according to job listings on its website.

What Happened: The Tesla website shows 6 job listings in the manufacturing category for the Cybercab. The company is looking to hire maintenance technicians, a tool and die specialist, a launch equipment engineer, and a process engineer. All the jobs are based out of Austin, Texas.

Tesla unveiled a Cybercab with no steering wheels or pedals in October at an event in Los Angeles. The two-seat vehicle is meant for autonomous driving alone and is slated to start production in 2026 and join the company’s robotaxi fleet, which, until then, will be composed of the company’s Model 3 and Y vehicles.

Why It Matters: The Cybercab is an integral part of Tesla CEO Elon Musk’s push towards autonomous driving. The CEO is optimistic that the company’s full self-driving (FSD) driver assistance technology will enable autonomous driving in time. The software is currently in the development phase and requires active driver supervision.

Musk in October said that the Cybercab will not include a charging plug – it will instead use inductive charging. The vehicle, he then said, will be priced under $30,000.

Tesla in January also said that preparations are underway across its existing factories for the launch of new products including more affordable models. The start of production of new models is slated for the first half of 2025.

Check out more of Benzinga’s Future Of Mobility coverage by following this link.

Read Next:

  • Elon Musk’s SpaceX To Undertake Starship’s 8th Test Flight On Friday

Photo courtesy: Tesla

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