31 Oct 2018_campuscad
Elon Musk said Tesla is likely to start its own ride-hailing network with fully autonomous vehicles which will directly compete with Uber and Lyft.
It will start by the end of 2019 but the biggest obstacle is the federal approvals.
By the time Company have millions of cars on the roads which can be a part of Tesla network.
At present Tesla cars having options of Autopilot modes which can assist during driving like lane changing etc.
Elon Musk said, any Tesla owner can join the Tesla network and start earning. People are using car 5-10% time of the day and will increase the electric vehicle utility.
Electric automaker approach towards building the autonomous vehicle technology is different from General Motors and Google’s Waymo and others etc.
- BMW is Now a Uber and Lyft competitor?
- Huawei and Audi partnered to develop the Level 4 autonomous vehicles
- Volvo Cars team up with Nvidia to develop level 4 production ready Autonomous cars by 2021.
- Honda to invest $2.75 billion into GM self driving unit Cruise Automation
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