Tesla may enter ride ride-hailing business next year

Electric car maker Tesla Motors has plans to get into the ride-hailing and sharing businesses.

The company hinted at the venture earlier this week when it announced that all of its cars would come equipped with hardware needed to drive themselves.

The company says in a disclaimer that use of self-driving Teslas to make money with ride-hailing or sharing will be allowed only on Tesla's own network. Details will be released next year.

A Tesla spokeswoman wouldn't comment on the matter.

Tesla announced Wednesday that all cars including the lower-cost Model 3 would have more cameras, sensors, radar and computing power so they can drive themselves. Software would be updated over the internet to allow the cars to do more as the features are tested.


Explore further

Tesla updates software to improve radar

© 2016 The Associated Press. All rights reserved.

Citation: Tesla may enter ride ride-hailing business next year (2016, October 21) retrieved 21 July 2019 from https://phys.org/news/2016-10-tesla-ride-hailing-business-year.html
This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only.
9 shares

Feedback to editors

User comments

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more