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00:02Tesla CEO Elon Musk promoted the cybercab ahead of its launch event in Austin
00:06as the company looks to expand its robo-taxi network.
00:10Musk posted a storm of cybercabs on Hex and shared a meme depicting cybercabs engulfing Austin.
00:16Earlier this week, an ex-user compared the estimated costs of Tesla cybercabs and Waymo's
00:22sixth-generation robo-taxis. The post cited an estimated $125,000 cost for each Waymo vehicle
00:31and $18,000 for a cybercab based on Morgan Stanley and ARK Invest estimates.
00:37Musk previously said the cybercab would retail for around $30,000.
00:41Ross Gerber backed Tesla's cybercab as the first physical AI EV, praising its design over Waymo
00:47vehicles and saying its rollout will be interesting to watch.
00:51Tesla shares rose 0.85% to $1.360.04 in Thursday pre-market trading.
00:59For all things money, visit Benzinga.com.
