Tesla launches sales of Cybercab robotaxi fleet amid profitability concerns

Tesla has begun distributing a "Robotaxi interest form" to potential investors who may buy fleets of its new Cybercab robotaxis, which are now being deployed in Austin, Texas. The two-seat vehicle, priced at $30,000, is intended to operate on Tesla's self-driving network, with revenue shared between owners and the company.

Elon Musk has previously described the Cybercab as part of a broader vision for shared electric autonomy that could generate passive income for owners. However, industry commentator Fred Lambert noted that if the fleet model were truly profitable, Tesla would likely retain the vehicles rather than sell them to third parties.

Critics also point to technical and financial risks. The Cybercab relies solely on a camera-based autonomous system, which some experts consider less reliable than lidar-based solutions, and the vehicle is expected to depreciate quickly. Tesla would control the software, pricing, and fare split, leaving fleet owners to bear the capital cost and depreciation while receiving only a portion of ride revenue.

Regulators are monitoring the rollout. The National Highway Traffic Safety Administration has opened an investigation to determine whether the Cybercab complies with federal motor-vehicle safety standards. Local investors in Austin have expressed interest in operating the fleets despite the uncertainties.