Tesla Cybercab could be one of the cheapest vehicles ever to operate per mile

In its continued bid to undercut public transport and regular commuting methods, Elon Musk has stoked the fire by all but confirming that the Tesla Cybercab could be one of the cheapest vehicles ever to operate.

The Cybercab looks expensive. Prototypes of the electric autonomous vehicle show it decorated in a rich gold color with futuristic features straight out of the year 2050.

But as soon as the curtain was raised on the car during ‘We, Robot’ day in 2024, the company pledged that it would be an extremely cheap mode of transport.

It seems the Tesla Cybercab is committed to being the cheapest method of commuting the world has seen, as Elon Musk kind of confirmed reports that it would undercut rivals, even challenging bus and underground fees.

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Elon Musk says that the Tesla Cybercab being the cheapest vehicle ever to run is ‘probably true’

It was first teased back in May 2024, and later revealed in typically Tesla fashion during the brand’s We, Robot event that generated a lot of hype around this dedicated vehicle for autonomous taxi service.

From the get-go, the claim was that the Tesla Cybercab would be a cheaper alternative to buses, and would use the best autonomous tech ever to take you directly from A to B, proving more cost-effective and time-effective.

Having claimed that no one will need public transport once the Cybercabs are operation, it actually looks as though Tesla might make good on one of its Owner’s promises. In a few years, anyway.

A report from ARK Invest suggested that the Cybercab will cost just $0.20 per mile to run, which, by 2030, will be one of the cheapest vehicles ever to operate.

The report suggests it will be a third of the price to operate as the current refreshed Model Y is now, and will be twice as cheap as the 6th Gen Waymo in 2030.

In comparison, AAA claimed that the average Uber and Lyft rideshares often cost over $1 per mile, making it five times higher than the cost Tesla Cybercab aims to achieve.

Reportedly only worth $30,000, the Cybercab will rely on cost-effective parts, including a lack of glass and mass-produced bodywork.

The company also aims to be toying with prototypes that offer around six miles per kWh, which makes it one of the most efficient cars too.

And, of course, the autonomous nature eliminates your driver’s fee.

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When is the Cybercab coming?

As to when the Cybercab will be available, that’s still up for debate.

In fact, just recently, the car hit two major roadbumps as the company lost its patent to the naming rights, and National Highway Traffic Safety Administration paperwork wasn’t filed correctly.

However, the company claims it is still on course for its Q2, 2026 release, despite still being a way off from having the finished article.

“Initial production is always very slow and follows an S-curve,” Elon Musk recently said.

“The speed of production ramp is inversely proportional to how many new parts and steps there are. For Cybercab and Optimus, almost everything is new, so the early production rate will be agonizingly slow, but eventually end up being insanely fast.“

Just don’t ask about the Roadster…

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