CNBC·3 min read·medium

Tesla teases 'no steering wheel, no pedals' ahead of Cybercab update

L
Lora Kolodny
Tesla teases 'no steering wheel, no pedals' ahead of Cybercab update
AI Summary

Tesla is generating buzz for its upcoming Cybercab event by teasing a vehicle design that lacks steering wheels and pedals. The company aims to compete with industry leaders like Waymo in the autonomous taxi market, despite ongoing regulatory and technical challenges.

Why it matters

The success of Tesla's driverless technology is critical to its valuation and the broader adoption of autonomous vehicle infrastructure in the U.S.

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Tesla's fledgling Robotaxi business teased fans with a post on X saying, "no steering wheel, no pedals," a reference to the company's forthcoming Cybercab driverless vehicles. Another post prompted riders to " try it out" in Austin, Texas, and CEO Elon Musk said in a pinned post, " A storm of Cybercabs. "

Those comments on Wednesday came ahead of a planned event in Austin, where Tesla is expected to share more Cybercab details on Thursday. The stock closed 5.4% higher just ahead of the event. The company debuted the look and feel of the vehicle almost two years ago .

Musk's automaker designed the Cybercab as a driverless two-seater with butterfly doors that it said will have no steering wheel or pedals. The company has been testing a version of the "purpose-built" robotaxi with human drivers and traditional controls in multiple markets across the U.S.

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