Tesla Videos Multiple Cybercabs Off Giga Texas Line; Shares Climb to $380

Tesla posted videos of multiple Cybercab robotaxis rolling off the Giga Texas production line, confirming volume manufacturing after Elon Musk's April 24 announcement that production has begun. Pilot production started April 23 with first units in February, targeting under $30,000 price, 200-mile range, and robotaxi networks in cities like Phoenix and Miami; early output is hundreds per week toward 2M/year potential. Shares rose 1.6% to ~$380 despite 17% YTD drop, Q1 revenue of $22.39B, 358k deliveries, and $25B+ 2026 capex, as investors weigh long-term autonomy upside against near-term risks.