However, the journey from concept to widespread implementation will likely be filled with technological and regulatory hurdles.

This Cybercab is fully autonomous, lacking traditional elements like a steering wheel and pedals.

It features inductive charging capabilities and it is powered by an advanced onboard computer system.

Elon Musk unveils autonomous Cybercab and Robovan at sci-fi-themed event

The vehicle’s vibrant metallic design evokes classic science fiction vibes.

He sees a future where self-driving vehicles serve multiple purposes, functioning as personal transportation and on-demand taxi services.

Cybercab owners could program their cars to provide ride-sharing services when not in use.

Musk also suggested that entrepreneurs could establish fleets of these vehicles, creating new competition in the ride-hailing market.

“It’s going to be a glorious future,” he said.

Tesla also plans to bring unsupervised self-driving capabilities to its existing Model 3 and Model Y vehicles.

He didn’t go into the details.

He expects that at scale, the robots should cost around $30,000.