Tesla Just Put Driverless Cybercabs on Austin Streets but Bettors Are Pricing a SpaceX Merger at Nearly 50%

Elon Musk reiterated plans for a “storm of cyber cabs,” but Wall Street is immediately questioning whether Tesla can remain a standalone company long enough to scale production. The focus has shifted from the product vision to corporate-structure risk and execution timing, leaving investors uncertain about near-term build-out prospects.