Jae C. Hong/Associated Press Unlike Cruise and Waymo, Tesla has created a business around building cars and selling them to consumers. This business model has been wildly successful for Tesla, now valued as highly as three of General Motors. But Tesla is hamstrung by this model, as far as the potentially $8 trillion autonomous ride-hailing and ride-sharing business is concerned. Tesla is trapped, having created great products that consumers want and love, but also watching as competitors design all-new businesses optimized for self-driving economics. Visit Business Insider's homepage for more stories. Tesla is the dominant electric carmaker in the industry — an impressive achievement in just over 15 years of existence.
Similar Stories to Tesla's Biggest Problem With Self-driving Cars Is That It Actually Has To Sell Them To Customers (tsla) on Bing News
feedback@businessinsider.com (Matthew DeBord), Business Insider
Mon, 02/17/2020 - 6:00am
BING NEWS:
- Self-Driving Trucks Claim Climate Benefits
The autonomous trucking industry says its self-driving vehicles can cut carbon emissions by reducing fuel use, though some groups have raised safety questions ...
05/5/2024 - 12:00 am | View Link - Interested in Self-Driving Cars? This Company Will Be the Biggest Winner (Hint: It's Not Tesla).
Tesla, Alphabet, and General Motors are all pursuing self-driving cars, but another company is playing a major role in the development of autonomous vehicles.
05/4/2024 - 9:30 am | View Link - The main reason why self-driving cars are not ready for prime time
"It's like trying to send a rocket to the moon in 1910 when the Wright Brothers were still working on their planes," one expert said.
05/1/2024 - 12:01 pm | View Link - Stock market today: Stocks edge higher to start big week, Tesla surges 15%
Tesla is providing a boost ahead of a big week filled with a Fed rate decision, the monthly jobs report, and more Big Tech earnings.
04/29/2024 - 9:25 am | View Link - From Self-Driving Cars to Electric Vehicles: The Latest in Automotive Innovation
Buckle up, because the automotive industry is revving up with groundbreaking innovation! From self-driving cars to electric vehicles, the future of transportation is here. Join us as we take a closer ...
04/29/2024 - 12:53 am | View Link - More
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