The Tesla Cybercab, an automated taxi, has been spotted undergoing testing at the Giga Texas facility, generating excitement within the electric vehicle community.

Unveiled on October 10, 2024, at Warner Bros. Studios, the Cybercab showcased 19 prototypes, a notable departure from Tesla's usual single prototype display.

The Cybercab was accompanied by a black Model 3 and a white Model Y during testing, both equipped with specialized sensor suites, including LIDAR on the Model Y.

CEO Elon Musk emphasized the Cybercab's potential as a pivotal product in the self-driving transportation market, with a price point expected to be under $30,000.

Musk revealed that the Cybercab is projected to begin volume production by 2026, with initial production expected in 2025 and a target of 2 million units annually.

Currently, the Cybercab operates on the latest Full Self-Driving version 13, which is not yet available to non-employee Tesla owners but is set to roll out to early access users soon.

During testing, the Cybercab effectively handled unexpected obstacles, such as two forklifts crossing its path, showcasing its advanced braking capabilities.

Tesla is leveraging a powerful computing cluster at Giga Texas, consisting of 100,000 Nvidia GPUs, to collect data from various testing scenarios to enhance Full Self-Driving features.

Recent footage indicates significant deliveries of production equipment at Giga Texas, suggesting preparations for the upcoming Cybercab manufacturing line.

Longtime observer Joe Tegtmeyer reported that test drives have been ongoing for several weeks, with manual interventions facilitated by a modified gaming joystick.

The Cybercab features an angular design similar to the Cybertruck, complete with 'butterfly' doors and a minimalist interior that lacks a steering wheel or pedals.

Despite the excitement surrounding the Cybercab, analysts maintain a 'Neutral' consensus rating on Tesla stock, with the highest price target set at $400, indicating potential downside.