TSLA Stock Trims Losses Overnight: Tesla Cybercab Starts Austin Tests Without ‘Steering Wheel Or Pedals’ - Tesla said engineering tests of the first production Cybercab have begun in Austin, while Musk highlighted that the vehicle was driving with “no steering wheel or pedals.” - Cybercab’s addition to Texas’ first-responder interaction plans provided investors with fresh details on Tesla’s fully autonomous ride-hailing design. - The guide says Cybercab uses Tesla’s SAE Level 4 automated driving system, which can perform the full driving task without human input. Shares of Tesla, Inc. (TSLA) trimmed losses overnight after the EV maker said that engineering tests of its first production Cybercab had begun in Austin, sharpening focus on CEO Elon Musk’s long-promised driverless ride-hailing vehicle. TSLA stock jumped over 8% on Monday to end at $411.84, logging its best day in over a year, boosted by the rollout of FSD V14 Lite to early-access Hardware 3 owners, giving older vehicles a long-awaited software upgrade. Shares are currently down 0.2% overnight, trimming earlier losses of about 1% to 1.5% seen earlier in the evening. TSLA Cybercab Tests Begin In Austin Tesla said on X that “engineering tests of the first production Cybercab have begun in Austin,” signaling another step toward the company’s planned robotaxi rollout. Musk further hyped the update by resharing Tesla’s post and highlighting that the Cybercab was driving around Austin with “no steering wheel or pedals.” The update comes after Cybercab was added to the Texas Department of Public Safety’s Connected Autonomous Vehicles First Responder Interaction Plans page, giving investors a closer look at how Tesla expects the vehicle to operate in real-world conditions. The development is notable since Cybercab is designed around Tesla’s fully autonomous ride-hailing vision. Tesla’s first responder guide makes clear that Cybercab is not typically equipped with manual controls:
TSLA Stock Trims Losses Overnight: Tesla Cybercab Starts Austin Tests Without 'Steering ...
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