Musk announced that Tesla’s fully autonomous `Cybercab` vehicles are expected to hit the market by 2026, although he mentioned the possibility of release before 2027.

Tesla’s autonomous driving software, called Full Self-Driving, will transition from supervised to unsupervised driving, allowing passengers to sleep while the car drives itself.

In 2025, Tesla plans to introduce the Full Self-Driving software to its popular Model 3 and Model Y vehicles, with a focus on Texas and California markets.

Musk revealed that the Cybercab is expected to cost under USD 30,000, aiming to make fully autonomous vehicles accessible to a wider audience.

Tesla’s Full Self-Driving software is under investigation by US safety regulators due to concerns about its reliability and failure to ensure that human drivers remain attentive.

Analysts point out that Tesla’s core lineup of electric vehicles is ageing and may not see significant updates until late next year, adding pressure on the company’s performance.

In 2023, a Tesla using the Full Self-Driving system was involved in a fatal accident in Washington state, raising questions about the safety and reliability of the technology.