Tesla says it will start selling Cybercabs by end of year

Tesla announced on Wednesday that it plans to begin selling its new autonomous two-seater vehicle, the Cybercab, to consumers before the end of the current year. This initiative comes amidst ongoing scrutiny from federal regulators who are investigating whether the vehicle adheres to established safety standards, raising questions about its market readiness. The Cybercab is distinguished by its unique gold hue and the absence of traditional controls such as a steering wheel, indicating a significant departure from conventional vehicle design. This announcement was made during the company’s third-quarter earnings call by Lars Moravy, Tesla's vice president of engineering, highlighting the company's commitment to advancing its autonomous vehicle technology despite regulatory hurdles. The introduction of the Cybercab represents Tesla's push into a new segment of personal transportation, potentially disrupting urban mobility. Its autonomous nature and lack of manual controls are central to the regulatory safety concerns, making its upcoming release a pivotal moment for both Tesla and the autonomous vehicle industry.