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Tesla Prepares for Major Robotaxi Reveal at Hollywood Event

Elon Musk is set to unveil Tesla's new Cybercab and possibly other vehicles, amid investor anticipation and skepticism.

  • Touted as a 'seminal' event by Tesla bull Daniel Ives, the Robotaxi reveal is expected to spotlight Tesla's advancements in autonomous technology.
  • Tesla's Cybercab, a two-seater vehicle without a steering wheel or pedals, may face regulatory challenges before it can hit the market.
  • The event may also introduce a $25,000 electric vehicle and a fully autonomous passenger van, though details remain speculative.
  • Analysts express mixed expectations, with concerns about the event being more of a spectacle with limited substantial information.
  • Tesla's past delays and production challenges suggest any new vehicles announced might not enter production until mid-2025 at the earliest.
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