What Investors Learned From The Cybercab Launch Event
Thursday's rollout was heavy on hype and scant on details.
Overview
At the end of the day, Tesla's (NASDAQ:TSLA) long-awaited and much-hyped debut of its Cybercab probably didn't have the reception that management had hoped for.
Tesla rolled out its long-awaited fully autonomous cab on Thursday at an invitation-only event in Austin. The event, which the company and CEO Elon Musk promoted on social media throughout the day, introduced a fleet of gold-colored two-door Cybercabs that feature distinctive butterfly doors and most decidedly do not include a steering wheel or brake pedal.
Details
"The future is here now. And in the future, there will be millions of Cybercabs everywhere," the company's Cybercab lead, Eric Earley, said during the presentation that was posted on YouTube. Musk did not appear at the event.
Source
Originally published at www.fool.com.