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Tesla unveils Cybercab, humanoid robots at robotaxi event

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Tesla unveils Cybercab, humanoid robots at robotaxi event

Tesla unveils Cybercab, humanoid robots at robotaxi event

Tesla (TSLA) held its long-awaited robotaxi event, unveiling the Cybercab with a price tag of $30,000. However, that was not the only product investors saw. CEO Elon Musk also showcased the company’s Optimus robots, humanoid machines that he claims will be Tesla’s “biggest product ever.”

Musk believes that these robots could boost the automaker’s market capitalization to $25 trillion.

Yahoo Finance special reporter Akiko Fujita breaks down the details, discussing the price of these robots and the intended use cases. Read up on Akiko’s coverage of the Amazon-owned (AMZN) robotaxi operator Zoox.

To watch more expert insights and analysis on the latest market action, check out more Catalysts here.

This post was written by Angel Smith



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