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Elon Musk Explains Why Tesla Won't Buy Uber and Discusses Control at Tesla

CNBC TelevisionMay 20, 20252 min200,224 views
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Tesla's Autonomous Fleet and Business Model

  • πŸš— Tesla has millions of cars that will operate autonomously, forming a fleet.
  • 🏠 This fleet will be a combination of Tesla-owned vehicles and Tesla owners' cars.
  • πŸ’° Tesla owners can earn money by adding their cars to the autonomous fleet, potentially making more than their lease costs.
  • 🀝 The business model is compared to a mix of Airbnb and Uber, allowing owners to monetize their vehicles when not in use.

Tesla's Capabilities for Autonomous Services

  • πŸ“± Tesla possesses all necessary components to launch a large-scale self-driving fleet rapidly.
  • πŸ› οΈ The company has the logistics capabilities and can develop the required mobile application.

Elon Musk's Control at Tesla

  • πŸ›‘οΈ Musk desires sufficient control at Tesla to prevent being ousted by activist investors.
  • πŸ“Š He feels comfortable with approximately 25% ownership, which provides some control without making him unremovable.
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Transcript9 segments

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What’s Discussed

TeslaUberAutonomous DrivingFleet ManagementAirbnbBusiness ModelActivist InvestorsElon Musk
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