Tesla CEO Elon Musk suggested Wednesday that he can create a car-sharing network that’s so good, customers will abandon Uber and other ride-sharing companies in droves to adopt it.
During an earnings call Wednesday, Musk was asked to explain whether his proposed car sharing network, dubbed the Tesla Network, would generate revenue for Tesla or help Tesla owners offset the costs of their vehicles. In response, Musk made some cryptic comments about the scope of his so-called “Tesla Network.”
Musk said people have been characterizing his car-sharing proposal as “Tesla versus Uber or Lyft or something like that. It’s not Tesla versus Uber, it’s the people versus Uber.” There was no follow-up question, so Musk’s statement was left hanging like that.Read more "Elon Musk makes cryptic comments about Tesla competing with Uber"