Musk makes self-driving technology Tesla’s costly new calling


  • TECH
  • Wednesday, 24 Apr 2019

NEW YORK, NY - APRIL 04: Tesla vehicles are displayed in a showroom in Manhattan on April 04, 2019 in New York City. Tesla announced a first quarter 31% drop in vehicles that were delivered to customers compared to the prior quarter. The news caused the stock to drop approximately 8%. Spencer Platt/Getty Images/AFP == FOR NEWSPAPERS, INTERNET, TELCOS & TELEVISION USE ONLY ==

Tesla Inc’s calling used to be bringing affordable electric cars to the masses. Elon Musk is now ripping up the script, vowing to pair self-driving technology with a sharing service that will make it crazy for consumers to buy other cars. 

The chief executive officer said that by the middle of next year, 1 million Teslas will be on the road that are fully capable of driving themselves. During an hours-long investor day presentation focused on autonomy, Musk said customers will be able to put their cars onto a shared network of robotaxis, which will be able to get around without a human inside. 

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