Elon Musk, the American entrepreneur, engineer, and billionaire, has introduced "Cybercab," an autonomous robotaxi developed by his company Tesla.

Axar.az reports that the new product was unveiled by the company's owner.

Tesla showcased several similar taxis, and Musk took a seat in one of them.

"We wanted to change the appearance of roads. The future should look like the future," Musk stated.

The billionaire noted that the latest vehicles do not have pedals or a steering wheel. He compared the robotaxi to an elevator that operates on the "push the button and forget" principle.

According to Musk, the price of the vehicle will be less than $30,000.