Elon Musk Says Tesla Will Have 1 Million Autonomous Taxis On The Road By Next Year

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Elon Musk, co-founder and chief executive officer of Tesla, speaks during an event at the Hornsdale wind farm near Jamestown, Australia, on Sept. 29, 2017. MUST CREDIT: Bloomberg photo by Carla Gottgens.

Tesla CEO Elon Musk said Monday that his company will have 1 million autonomous taxis on the road by 2020.

“I feel very confident predicting 1 million autonomous robo-taxis for Tesla next year. Not in all jurisdictions because we won’t have regulatory approval everywhere, but I’m confident we will have regulatory approval at least somewhere, literally next year,” Musk told investors and Wall Street analysts, according to Business Insider.

The taxis would run on the “Tesla network,” and any owner can add their car, Musk added. Tesla, which is one of several carmakers working on driverless vehicles, would keep a percentage of the revenue.

“So if you own the car, you can add or subtract it to the Tesla network and Tesla would take 15 or 20 percent of the revenue. In places where there aren’t enough people sharing their cars we would just have dedicated Tesla vehicles,” Musk said, according to Business Insider.

Read more at The Hill.

{Matzav.com}

1 COMMENT

  1. Short this stock! After the first fatality this company is going in the toilet like it deserves to.
    Pompous arrogant CEO

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