Tesla Adds Optional Steering Wheel to Cybercab Design, Shares Edge Higher
Tesla's (TSLA) decision to include an optional steering wheel in its Cybercab redesign resonated positively with investors, pushing shares slightly upward during Wednesday afternoon trading. The MOVE addresses regulatory concerns about self-driving vehicles lacking manual intervention capabilities.
Board Chair Robyn Denholm revealed Tesla's willingness to incorporate additional traditional controls like pedals to boost consumer appeal. This strategic pivot comes amid ongoing tensions with Transportation Secretary Sean Duffy, whose dual role as NASA's acting administrator adds complexity to regulatory negotiations.