
- Tesla execs said new cars launching this year will just be more affordable derivatives of existing cars. Instead, the company is focusing on next year’s launch of the Cybercab, a vehicle without a steering wheel or pedals that will be built in the millions for autonomous ride-hailing fleets. Musk believes it will be his company’s next killer product after the Model Y, before pivoting to humanoid robots.
Tesla shareholders banking on the arrival of all-new EV models this quarter are headed for a disappointment as the company pivots away from selling cars to consumers in favor of AI and robotics.