Hyperdrive
Musk Says a Million Self-Driving Teslas Will Be on the Road Next Year
- CEO predicts 2020 arrival of robotaxis that don’t need humans
- Dials back cash-flow forecast as autonomy expenses escalate
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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 Monday 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.