Tesla opens $29,990 Cybercab orders, but owners face $299 monthly fee to drive

Tesla began inviting select customers to buy the Cybercab for $29,990 plus a $299 monthly autonomy subscription. The vehicle has no steering wheel or pedals and requires a $1,000 non-refundable deposit. Initial availability is limited to certain Texas cities, and the total five-year cost is estimated at $47,930 before taxes and running costs, according to the company and media reports.

Tesla has begun taking orders for its Cybercab, a two-seater with no steering wheel or pedals, priced at $29,990 before taxes. The car requires a $1,000 non-refundable deposit and a $299 monthly Autonomy Subscription for operation. Delivery is estimated for December 2026, but details on availability and legal operation remain unclear. Orders are currently invitation-only for select customers.

Tesla (TSLA) began taking orders for its Cybercab, priced at $29,990, with a mandatory $299/month Autonomy Subscription. The car, lacking a steering wheel, is invitation-only and limited to specific service areas. TSLA closed at $390.22, down 1.82%, with a $1.54T market cap. NHTSA is reviewing the car's design for compliance issues. Tesla's valuation is high, trading at 400x earnings with a 4.59% operating margin.

Tesla is opening limited orders for its driverless Cybercab to select customers in supported areas. The two-seater vehicle operates without a driver and has no steering wheel or pedals. The NHTSA is investigating Tesla's self-certification of the vehicle's safety. Investors should monitor the release's expansion and regulatory updates for potential revenue impacts.

Tesla is selling its two-seat Cybercab to the public for $29,990 on an invite-only basis, with a mandatory $299 monthly Autonomy Subscription. The vehicle is restricted to geofenced areas and cannot be used for ride-hailing or resold without Tesla's approval. CEO Elon Musk suggested reducing the subscription price to $115.

Tesla will cease production of the Cybertruck in mid-2027, according to CEO Elon Musk. The decision aims to increase production of the Cybercab robotaxi. Cybertruck sales have declined, with Kelley Blue Book estimating 20,237 units sold last year, down from prior years. Musk initially envisioned 250,000 annual sales. The Cybertruck's polarizing design and Musk's political alliances have also impacted its reception.