Tesla boss Elon Musk has just taken the wraps off a prototype of the automakers long-awaited robotaxi.

Teslas CEO performed the unveiling at a special event at the Warner Bros Studios in Burbank, California, on Thursday night.

Recommended Videos The Cybercab, as Musk is calling it, sports a futuristic Cybertruck-look and has no steering wheel or pedals.

The event is happening right now if you want to take a look:

We, Robot Earlier this year, the Tesla app added a new ridesharing feature that it plans to use for the robotaxi service. Musk has said previously that an owner of a Tesla robotaxi would be able to recoup their financial outlay for the vehicle by releasing it for autonomous ridesharing trips when theyre not using it.

Tesla already produces cars with advanced autonomous capabilities, but a driver has to always be present and in control. Still, its experience in the self-driving space stands it in good stead as it seeks to launch a full-fledged robotaxi service. But regulators will first have to be satisfied of the vehicles safe operation.

Tesla will be competing against the likes of Alphabet-owned Waymo and GM-backed Cruise, which have been working on autonomous vehicle technology for many years. Waymo has been using its robocars to carry paying passengers in a number of cities for several years now, though the service is limited and tightly controlled by regulators. Cruise has had a tougher time, with a number of incidents during on-road testing forcing the company to pause operations last year. Its now making a cautious return to public roads again.

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