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The Tesla chief has long envisioned an autonomous ride-sharing marketplace unlocking enormous value for Tesla and noted on the call that a typical passenger car is only used about 10 hours a week.
What will make Tesla so valuable, in Musk’s view, is that owners of its autonomous vehicles will soon be able to rent their cars for rides – a sort of robot-driven Uber – thereby making ...
The vision for Robotaxis is current Tesla owners will essentially rent out autonomous self-driving vehicles to ride-share customers, and Musk has claimed Tesla owners can earn up to $30,000 per ...
Elon Musk is the wealthiest person in the world, with an estimated net worth of US$402 billion as of February 8, 2025, according to the Bloomberg Billionaires Index, [414] and $397 billion according to Forbes, [415] primarily from his ownership stakes in Tesla, Inc. and SpaceX.
Back in 2019, Elon Musk made an astonishing claim for Tesla vehicles. Tesla cars, he said, would go up in value, not down, after they were purchased.
On the October earnings call, Musk said that Tesla does plan a “$25K car” – its “Cybercab,” a two-door, two-seat, fully autonomous vehicle. Musk unveiled a prototype at a Hollywood-style ...
Back in 2006 when Tesla was a fledgling electric vehicle company, CEO Elon Musk penned a Secret Master Plan outlining Tesla’s environmental doctrines and EV production goals and shared it in a ...
Tesla CEO and X owner Elon Musk rides in Tesla's robotaxi at an unveiling event in Los Angeles, Calif., on Oct. 10, 2024, in this still image taken from video. Tesla/Handout via REUTERS (Reuters ...
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