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Tesla Begins Cybercab Production, Posts $477 Million Profit

4/26/2026

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Summary

Tesla Launches Cybercab

Tesla confirmed production of its Cybercab robotaxi began at Gigafactory Texas in Austin.
Tesla, after Elon Musk posted an X video of a gold Cybercab rolling off the line, reported $477 million profit, 41 cents per share earnings, and $22.39 billion revenue.
Musk said early output will be slow, targeting up to 2 million units annually after an S-curve ramp this year, with the Cybercab lacking regulatory clearance unlike Waymo and Cruise.

Summary

Tesla Starts Production

Production of the Cybercab began this month, meeting the timeline Tesla communicated to investors.
Because the Cybercab lacks a steering wheel and pedals, it will require specific exemptions from U.S. regulators before mass production can proceed.
Tesla intends to run the Cybercab in a mixed fleet that includes units supervised by human safety monitors to satisfy anticipated autonomous-operation regulations.

History

Historical Context

Early trials—from Carnegie Mellon’s Navlab in 1984 to Google’s private self-driving project launched in 2009—paved the way for Waymo’s 2018 robotaxi service, which had logged over 700,000 autonomous miles by 2014. Tesla’s Autopilot debut in 2015 and the 2016 U.S. federal automated-vehicle policy now frame the 2024 Cybercab rollout and pending robotaxi permits.

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Tesla Launches Cybercab

Tesla confirmed production of its Cybercab robotaxi began at Gigafactory Texas in Austin.
Tesla, after Elon Musk posted an X video of a gold Cybercab rolling off the line, reported $477 million profit, 41 cents per share earnings, and $22.39 billion revenue.
Musk said early output will be slow, targeting up to 2 million units annually after an S-curve ramp this year, with the Cybercab lacking regulatory clearance unlike Waymo and Cruise.

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