On the morning of October 11th, Tesla CEO Elon Musk participated in the "We, Robot" launch event with Tesla Robotaxi. He stated that the Tesla Robotaxi is called Cybercab and does not have a steering wheel or pedals. Musk believes that the cost of autonomous driving will be very low, and the average cost of personalized public transportation can be significantly reduced. As the business continues to expand, the cost of Cybercab will be reduced to about $0.2 per mile. It is expected that the company will start producing CyberCab in 2026, and by 2027, Tesla will produce this car at a very high volume.