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Tesla Unveils Production Cybercab Robotaxi in Austin to Expand Autonomous Vehicle Fleet

Tesla is set to launch its production Cybercab robotaxi in Austin, Texas, today. The vehicle is a two-seat electric sedan designed to operate entirely without a steering wheel or pedals, relying on the company's Full Self-Driving software. While Tesla has previously operated a limited robotaxi service using modified Model Y vehicles, the Cybercab is intended to be the primary driverless model for the company's autonomous fleet. The vehicle was designed with a focus on cost-efficiency, utilizing a camera-based approach to autonomy that aims to minimize sensor complexity compared to competitors like Waymo. Investors are closely watching the event to see if Tesla can successfully transition from an automaker to an AI and robotics company. The company's stock rose approximately 7% on Thursday as anticipation built for the launch. Tesla has already registered several Cybercabs for commercial operation in Texas. The company's goal is to establish a large-scale autonomous ride-hailing network, with the Cybercab expected to be the highest-volume vehicle in the company's lineup.

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