Uber’s prospects may not be as bright as its current 60bn$ valuation implies. Travis Kalanick, the company’s CEO, has once said that if Tesla cars are autonomous by 2020, he wants to buy all 500,000 that are expected to be produced. The problem though may not be with availability of the autonomous vehicles, but that Tesla won’t sell.
In a recently released strategy note describing the company’s plans for the next decade Tesla CEO Elon Musk stated:
“You will also be able to add your (VK: autonomous) car to the Tesla shared fleet just by tapping a button on the Tesla phone app and have it generate income for you while you’re at work or on vacation <…> In cities where demand exceeds the supply of customer-owned cars, Tesla will operate its own fleet, ensuring you can always hail a ride from us no matter where you are”.
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