Tesla Announces Robotaxi Event Details

Tesla has released details for its highly anticipated Robotaxi event, scheduled for October 10, 2024, in Los Angeles. The electric vehicle manufacturer will unveil its autonomous vehicle, dubbed the “Cybercab,” and share insights into its development.

In an unprecedented move, Tesla is offering retail shareholders a chance to attend the event. Interested shareholders must register and verify their TSLA stock ownership by September 17, 2024, to be eligible for the attendance lottery.

This approach has garnered praise from some netizens, who view it as an excellent opportunity for “average” shareholders to participate in an event typically reserved for influencers or wealthy investors.

The Cybercab, Tesla’s self-driving vehicle, is said to have a smaller platform compared to the Model 3 and Model Y. Interestingly, Tesla plans to launch the Cybercab without a steering wheel. However, a version with a steering wheel for everyday use is also expected, potentially called the Model 2 or Model Q.

Morgan Stanley analyst Adam Jonas predicts that Tesla will showcase its Full Self-Driving suite during the event. He also suggests that the company might offer attendees rides in the new vehicle, with drivers behind the wheel for safety.

This event marks a significant milestone in Tesla’s autonomous driving journey and could provide crucial insights into the future of transportation. As October 10 approaches, all eyes will be on Los Angeles to see what Tesla unveils and how it might reshape the automotive landscape.