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Tesla's robotaxi fleet in Texas may surge with new Cybercab model, currently with 69 vehicles, as TxDOT executive expects dramatic scale, with market cap at
Tesla Inc. has officially begun operating a robotaxi service in Austin, with a current fleet of 69 Model Ys, and the Texas Department of Transportation (TxDOT) expects this number to surge with the introduction of the new Cybercab model [1]. The TxDOT Executive Director, Marc Williams, experienced a production version of the Cybercab at the Texas Innovation Invitational and believes it will "dramatically scale" Tesla's cab operations over the coming months.
| At a glance | |
|---|---|
| Current Fleet Size | 69 Model Ys |
| Market Cap | $1.415T |
| 52-week Range | $288.77-$498.83 |
| Latest Stock Price | $376.72 |
The Cybercab is expected to eventually be folded into Tesla's robotaxi fleet, which currently operates in Austin, and could help boost the number of vehicles on the road [1]. Tesla has pointed to progress in its robotaxi operations after it began offering unsupervised robotaxi rides in Austin and hasn't reported many crashes to federal regulators in recent months. However, the company's record on safety reporting has caused concerns, with Democratic Sens. Edward J. Markey and Richard Blumenthal questioning whether Tesla is accurately reporting crash metrics [1].
The robotaxi market is becoming increasingly competitive, with Waymo operating a fleet of 620 vehicles in Texas, dwarfing Tesla's current fleet size [1]. Tesla's market cap is currently at $1.415T, with a 52-week range of $288.77-$498.83 [2]. The company's latest stock price is $376.72, with a 10-day average volume of 46.24M [2].
The real significance of Tesla's robotaxi service lies in its potential to disrupt the transportation industry, with the company's market cap and stock price reflecting investor optimism in its ability to scale and compete with rivals. However, the open question remains whether Tesla can address concerns over safety reporting and maintain its competitive edge in the market.
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AI-assisted synthesis by the TrendWatcher Editorial Desk · sourced from 3 outlets · Jun 26, 2026 · How we report
Tesla was founded in 2003 as Tesla Motors by Martin Eberhard and Marc Tarpenning.
The Model 3 starts around $48,000 and the Model Y starts just over $67,000.
The Model Y is identified as Tesla's most popular model.
The Model X, featuring Falcon Wing doors and seating for up to seven, is the most expensive Tesla model.
Tesla is planning to introduce the Cybertruck pickup, the Semi truck, and a second‑generation Roadster.