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Barchart
Anushka Mukherji

Better Later Than Never? Tesla Stock Hangs in the Crosshairs as Cybercab Finally Enters Production

Electric Vehicle (EV) giant Tesla (TSLA) has just reported its fiscal Q1 2026 earnings, and it’s the kind of quarter that keeps the Tesla story as polarizing as ever. The results came in mixed, leaving Wall Street split on the near-term outlook, while a larger-than-expected capex push raised fresh questions around spending. Yet, amid the noise, management chose to spotlight what could be a defining milestone. 

On the earnings call, CEO Elon Musk confirmed that production of the long-awaited Cybercab robotaxi has officially begun at Giga Texas, with ramps now underway as of April 2026. The first steering-wheel-less unit rolled off the line back in February, but continuous production has only just started this month. For now, Tesla is building both versions, a fully autonomous model without a steering wheel and another with one, keeping its options open as autonomy technology continues to evolve. 

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