Tesla Gears Up To Produce Hundreds Of Cybercabs Weekly, But Top Analyst Warns Sales May Take Time: Report

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2026.03.12 13:28
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Tesla Inc. is ramping up production of its Cybercabs at the Giga Texas factory, aiming for a potential launch in April. Recent social media updates show over twelve Cybercabs being loaded for transport, with more than 30 observed at testing facilities. The company plans to produce hundreds of these vehicles weekly, although analysts caution that sales may take time to materialize.

Tesla Inc. (NASDAQ:TSLA) is reportedly ramping up the manufacture of its steering-wheel-less Cybercabs at its Giga Texas factory in Austin ahead of a potential April launch.

Social media posts from the factory this week revealed Tesla loading more than a dozen Cybercabs onto transport trucks. 

30+ Cybercabs on the move via transport trucks & at the crash testing facility today. I've had many viewers ask how these Cybercabs are loaded up on the trucks and today's your lucky day. I captured this in progress.

The Cybercabs being loaded onto the trucks have Steering… pic.twitter.com/UpS7Y3hnMn

— Joe Tegtmeyer 🚀 🤠🛸😎 (@JoeTegtmeyer) March 9, 2026

The company is setting up the production line to churn out hundreds of these vehicles every week, reported the Wall Street Journal.

The automaker has also been recruiting and bringing in new machinery to boost the Cybercab production. However, Morgan Stanley analyst Andrew Percoco believes that Tesla won’t sell many of these Cybercabs initially. Instead, he suggests the company will deploy them in its own Robotaxi ride-share service.

Percoco said it will take time for buyers to “get accustomed” to purchasing cars without a steering wheel.

Tesla did not immediately respond to Benzinga’s request for comments.

Slow Production, NHTSA Hurdles

Earlier in February, Tesla revealed the first production version of the Cybercab, priced at $30,000. The milestone was announced by CEO Elon Musk, who congratulated the Tesla team on the achievement.

Musk also reiterated the April goal for the Cybercab, saying production will be “agonizingly slow” at first. Despite the slow start, the billionaire’s ambitious target is to produce 2 million cybercabs a year.

Tesla must secure approval from the National Highway Traffic Safety Administration (NHTSA) to sell the Cybercab, which lacks a steering wheel, pedals, and side mirrors. NHTSA can grant exemptions for up to 2,500 non-compliant vehicles annually, but Tesla has not yet applied.

Without an exemption, the company must certify full compliance with federal safety standards, or risk recalls, fines, and potential litigation if the vehicles are found non-compliant.

Price Action: On a year-to-date basis, Tesla stock declined 6.91%, as per data from Benzinga Pro.

Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by a Benzinga editor.

Photo: Tada Images / Shutterstock