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A California Gold Rush like event is going to occur for used Tesla vehicles on the market - once Tesla shows that they can operate at a level 4 autonomy without a driver. Because these will be the first autonomous vehicles offering ride-hailing autonomously (covering the entire U.S., not just select areas), the money to be made with these first vehicles will be quite a lot, until more vehicles and competitors bring prices down.
This boils down to the following key points:
Tesla is on the cusp of solving autonomy: Most people see it happening within the next two years. Just look at all the incredible videos of no-intervention drives surfacing.
The first Tesla vehicles offered in ride-sharing will make a lot of money: This is because the first Tesla vehicles won't need to drastically lower their prices - just enough to be preferable to Uber and Lyft. They are private, safe, and will arrive quick.
A California-Gold-Rush like event will occur: This is because of the tremendous opportunity to have your own Tesla privately drive people around as a ride-share vehicle.
There are few competitors: There are few competitors to Tesla's FSD that can be run just about anywhere. Competitors are going to have to license the technology to have autonomous vehicles - but will be slow to do so.
#tesla
This is Armen Hareyan from Torque News. Please follow us at / torquenewsauto on Twitter and www.torquenews.com/ for daily automotive news.
Reference
Jeremy Johnson of Torque News Tesla www.torquenews.com/14335/cali...