Elon Musk last night did what he does best — put on a show. Why it matters: The Tesla CEO needed to sell a flashy story about the company's future amid declining present-day demand for its EVs — but in the eyes of most investors after the literal smoke cleared,

By Chris Kirkham LOS ANGELES (Reuters) -For a businessman who perpetually struggles with broken promises, Elon Musk gave himself quite a to-do list Thursday night at Tesla's long-awaited Hollywood unveiling of its driverless robotaxis.

Tesla plans to launch fully autonomous driving in Texas and California next year, with the Cybercab entering production by 2026 — although he said it could be as late as 2027. Additionally, Tesla is developing the Optimus robot, which could be available for $20,000–$30,000 and is capable of performing various tasks.