Robotaxi to be Unveiled by Elon Musk

Will the future of transportation be unveiled tonight or will Tesla CEO Elon Musk make more grandiose unfulfilled promises to tease eager investors?

Transcript

00:00Will the future of transportation be unveiled tonight, or will Elon Musk simply make more

00:07grandiose unfulfilled promises to tease eager investors?

00:12We'll find out at 10 Eastern time when the Tesla CEO reveals his fully autonomous robo-taxi

00:18he's calling CyberCab.

00:21Prominent tech analyst Dan Ives says, quote, I think it will be viewed five to 10 years

00:25from now as what the iPhone launch moment was for Apple.

00:31Of course, Elon has promised as far back as 2016 that this very technology was just two

00:37years away.

00:39If successful, CyberCab would compete with Uber and Lyft as well as Google and GM's driverless

00:45programs Waymo and Cruise.

00:48Musk could also introduce a program wherein current Tesla owners essentially rent out

00:53their cars when not being used similar to Airbnb with cars.