Becky Peterson

The electric-car maker also is expected to detail plans for an Uber-style ride-hailing service.

Tesla Chief Executive Elon Musk has for years teased plans for a fully autonomous robotaxi that can shuttle paying customers around town. On Thursday night, he finally showed the world what he had in mind, unveiling two new vehicles: an almond-shaped Cybercab with no steering wheel or pedals, and a Robovan, which can transport up to 20 people at a time or move cargo. Musk said the Cybercab, a two-seater driverless car that is designed to operate as a robotaxi, could cost less than $30,000, and customers would be able to buy one.

Omead Afshar, who used to work in the office of the CEO, has moved into a vice president role with sales and manufacturing operations under him.

Omead Afshar, who used to work in the office of the CEO, has moved into a vice president role with sales and manufacturing operations under him.

The surprise increase was the first since the electric-car maker’s earnings began to slide earlier this year as it turned to deep price cuts and other sales promotions to stimulate sales.

Omead Afshar, known for his ability to mind-meld with the CEO, steps into prominent role as auto business confronts challenges

Omead Afshar, known for his ability to mind-meld with the CEO, steps into the prominent role as the auto business confronts challenges.

Texas Gigafactory ran afoul of environmental overseers; a faulty furnace door and hazardous wastewater.

Texas Gigafactory ran afoul of environmental overseers; a faulty furnace door and hazardous wastewater.

Tesla's market value has continued its post-election rally this week, hitting an all-time high for the electric-vehicle maker of $1.5 trillion.