At a highly anticipated event, Elon Musk showcased Tesla's long-awaited 'Cybercab' robotaxi, which features a futuristic design with no steering wheel or pedals and is priced under $30,000. Despite the flashy reveal, investor reactions have been tepid, with Tesla shares dropping more than 5% in premarket trading as many felt the event lacked the detailed insights they were hoping for. Analysts praise the design and cost advantages of the Cybercab, but express concerns regarding the production timeline and the potential of the vehicle to compete against emerging rivals in the autonomous taxi market. Additionally, Musk introduced the Robovan, which surprised attendees with its capacity and features, demonstrating Tesla's push into the autonomous vehicle space while navigating challenges from lawsuits related to its self-driving technology.