Tesla Cybercab Hits Austin

It's been Zynga, bringing Wall Street to Main Street. Tesla CEO Elon Musk promoted the Cybercab ahead of its launch event in Austin as the company looks to expand its robo-taxi network. Musk posted a storm of Cybercabs on Hex and shared a meme depicting Cybercabs engulfing Austin. Earlier this week, an ex-user compared the estimated costs of Tesla's Cybercabs and Waymo's 6th generation robo-taxis. The post cited an estimated $125,000 cost for each Waymo vehicle and $18,000 for a Cybercab, based on Morgan Stanley and ARK Invest estimates. Musk previously said the Cybercab would retail for around $30,000. Ross Gerver backed Tesla's Cybercab as the first physical AI EV, praising its design over Waymo vehicles and saying its rollout will be interesting to watch. Tesla shares rose 0.85% to $360.04 in Thursday pre-market trading.