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Elon Musk says there's 'no need' for Tesla to buy Uber since Tesla owners could one day join its autonomous fleet
Business Insiderยท 2025-05-20 22:23
Core Viewpoint - Elon Musk has dismissed the idea of Tesla acquiring Uber, stating that Tesla can operate independently with its own autonomous vehicle fleet [1] Group 1: Tesla's Autonomous Vehicle Strategy - Musk envisions a future where users can summon an autonomous Tesla instead of using rideshare services like Uber [1] - Tesla plans to allow its car owners to rent out their vehicles for autonomous ride-hailing, similar to how Airbnb operates [2] - The company aims to launch its robotaxi service in Austin next month, starting with a small fleet and scaling up to 1,000 vehicles within a few months [3] Group 2: Technology and Fleet Readiness - Musk believes Tesla has all the necessary technology and fleet capabilities to support a large-scale robotaxi service [4] - Tesla's upcoming robotaxi fleet will utilize its Full Self-Driving software, which does not require a driver [3] Group 3: Competitors' Strategies - Uber and Lyft have shifted away from developing their own autonomous vehicles but plan to offer robotaxis through partnerships with self-driving technology companies [4] - Uber has already integrated Alphabet's Waymo into its app in select cities, while Lyft has partnered with several companies to introduce autonomous vehicles by summer 2025 [5]