The “We, Robot” event in Los Angeles, California, offered innovations for tech enthusiasts, including the highly anticipated Tesla Cybercab.
Tech billionaire Elon Musk arrived at the “We, Robot” event in Los Angeles, California, in his new Tesla Cybercab on Thursday evening. The event showcased innovations for tech enthusiasts.
Musk drove up to the event in one of the 20 Cybercabs, a smaller version of Tesla’s iconic Cybertruck, which was unveiled at the event. The robot taxi is operated entirely by Artificial Intelligence (AI) and does not have any pedals or a steering wheel.
The car is navigated by the passenger’s commands to the AI driver and has a minimalistic hardware approach compared to other e-car manufacturers. As Musk entered the stage waving, the excited fans took photos of the Cybercab he was in. However, what happened next has raised additional questions among both car and crypto enthusiasts.
“Hey @elonmusk, is that a Shiba Inu in a taxi?” inquired Dogecoin’s (DOGE) official X handle. Why Is Shiba Inu Cruising in Elon’s Cybercab? Spotted happily and independently riding the Cybercab, the Japanese dog showcased the self-driving car’s ability to provide safe, comfortable, and fast transportation. The estimated price for this type of service is approximately 20 cents per mile within LA.
Musk asserted in last Thursday’s Tesla Cybercab revelation event that this is far less expensive than the usual public transportation in the United States. An outspoken fan of the OG meme currency, Musk has already implemented DOGE payments for Tesla’s merch.
The demo Cybercab likely pays homage to Dogecoin, even though Musk’s crypto holdings remain undisclosed. Tesla Inc. is known to be a Bitcoin (BTC) proponent, currently storing 9,720 Bitcoins in its reserves.
Following the news, Dogecoin and Shiba Inu embarked on a mini rally, fetching 4% and 5.8% gains over the past 24 hours, respectively. DOGE is now trading at $0.109, bouncing back from its weekly low of $0.103 on October 10, 2024.
SHIB is exchanging hands at $0.00001756, picking up 35% gains in monthly terms. With the iconic Shiba Inu among the first to take the new driverless taxi for a test ride, public attention seems to have awakened the whales. IntoTheBlock’s on-chain data indicates that the largest SHIB holders conducted $330.77 million in weekly large transactions.
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