Tesla plans to launch fully autonomous driving in Texas and California next year, with the Cybercab entering production by 2026 — although he said it could be as late as 2027. Additionally, Tesla is developing the Optimus robot, which could be available for $20,000–$30,000 and is capable of performing various tasks.

Tesla’s stock price was down 8% early Friday after a Thursday event where company CEO Elon Musk unveiled a new two-door electric vehicle dubbed Cybercab that is designed for fully autonomous operation, a feature most notable in the car’s lack of steering wheel or pedals.