A Tesla fan experiences the Cybercab for the first time — it’s a smooth ride but he wouldn’t necessarily buy one

Staff were apparently mingling freely with the crowd. Donegan-Ryan told Business Insider that he spoke to Tesla’s chief designer, Franz von Holzhausen, and its VP, Lars Moravy — and that both told him Tesla had no plans to release a version of the Cybercab with a steering wheel.

Cybercab’s mixed reception

Ultimately, Donegan-Ryan came away impressed. He told BI that, while he wouldn’t buy a two-seater Cybercab as he had three kids, he would consider one for his parents.

During the unveiling, Musk also said that the company intends to allow Tesla vehicle owners to rent Cybercabs out when they’re not using them to be part of Tesla’s ride-hailing network.

Donegan-Ryan said he might consider owning a Cybercab “to operate it in the fleet, as a revenue generator.”

The unveiling of Tesla’s Robovan and Cybercab, which Musk said would cost less than $30,000 and go into production before 2027, failed to impress everyone.

Some Wall Street analysts expressed disquiet over the lack of details on Tesla’s business model and the absence of the more affordable EV the company is planning to ship next year, and Tesla’s shares slumped as much as 10% in early trading on Friday.

“We believe last night will mark the inflection point from Tesla as an EV maker to a broader AI/Robotics/Disruptive Tech mobility player,” said Wedbush analyst Dan Ives, in a note.

“That said, we strongly disagree with the notion that last night was a disappointment as we would argue the opposite seeing Cybercab with our own eyes and the massive improvements in Optimus which we interacted with throughout the evening,” he added.