Elon Musk said Tesla's Cybercab fleet in Austin has grown by a factor of 10 in about a month since launch, and weekly cumulative driverless mileage is rising sharply. Tesla's third-quarter shareholder update reported an eightfold quarterly increase in cumulative unsupervised Robotaxi miles, following an earlier announcement of more than 300 Cybercabs operating in Austin. Paid Cybercab rides began in Austin on Sept. 3, and Tesla aims to start selling Cybercabs to customers before year-end, with a reported Dallas expansion planned for next month. Meanwhile, the National Highway Traffic Safety Administration has opened an Audit Query into Tesla's self-certification of the Cybercab, which lacks conventional driving controls, and Reuters reported the rollout has lagged Musk's earlier projections.
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TSLAElon Muskelectric vehiclesself-driving cars
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Related tickers and likely impact
TSLA
▲ Likely positiveTesla, Inc.
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Consumer Discretionary |
| Industry | Automobile Manufacturers |
| Market cap | $1.5T |
| Close on 10/26/2026 | 391.69 |
| Change that session | +5.23% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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