Elon Musk Unveils Tesla Cybercab, Production to Start 2026 | Daybreak: Europe 10/11/2024

From Bloomberg Markets and Finance.

Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. And we’ll tell you what matters for investors in Europe, giving you insight before trading begins.
Today’s guests: Sunaina Sinha Haldea, Raymond James Private Capital Advisory Global Head; and Eleanor Lightbody, Luminance CEO.
On today’s show, we talk tech as Elon Musk unveiled prototypes of a long-awaited Tesla Inc. robotaxi called Cybercab, saying production may start in 2026 and that the vehicle could cost less than $30,000.
The chief executive officer hitched a ride in one of the two-door sedans on his way to the stage at the carmaker’s event late Thursday in Burbank, California. Musk also showcased a futuristic-looking Robovan concept that he said could transport 20 people, as well as updated versions of Tesla’s humanoid robot called Optimus.

Chapters:
00:00:00 – Daybreak Europe
00:00:19 – Elon Musk’s Tesla Robotaxi arrives
00:03:28 – China Investors Expect $283 Billion of New Stimulus This Weekend
00:07:27 – Musk shows Tesla Cybercab
00:09:57 – Elon Musk says Cybercab will cost under $30K with production to start 2026
00:12:01 – France Hits Big Firms, Wealthy to Trim ‘Colossal’ Debt Pile
00:17:02 – Stellantis Ousts CFO in Effort to Stabilize Reeling Business
00:18:35 – BMW, Mercedes China Sales Slump as Slowing Market Turns to EVs
00:20:44 – Biden Asks Congress to Return for Aid Bill After Milton
00:22:17 – UK’s £22 Billion for CO2 Capture Is Far Too Low for Target: BNEF
00:25:54 – US CPI fuels debate on Fed’s next move
00:33:25 – JPMorgan’s NII Outlook a Key Focus Ahead of Results: Preview
00:35:47 – AMD Shares Slide as Investors Wait for Signs of AI Payoff
00:43:14 – UK Names Former Darktrace CEO Gustafsson New Investment Minister
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