Billionaire says autonomous car expected ‘before 2027’ will have a pricetag of less than US$30,000, with a ‘Robovan’ that can carry 20 people to follow

Tesla CEO Elon Musk has unveiled the company’s robotaxi, Cybercab, promising it will cost less than US$30,000, and announced plans to bring autonomous driving to its Model 3 and Model Y cars in California and Texas by next year.

At the much-anticipated We, Robot event hosted at Warner Bros. Studios in Burbank, California, the billionaire arrived in the Cybercab in his trademark black leather jacket, accompanied by a man dressed in a space suit. Human-like robots mingled in the crowd, danced and served drinks to those gathered for the party.