"
data-check-event-based-preview=""
data-is-vertical-video-embed="false"
data-network-id=""
data-publish-date="2022-03-24T20:52:12Z"
data-video-section="business"
data-canonical-url="https://www.cnn.com/videos/business/2022/03/24/flying-tesla-echo-park-jordan-hook-alex-choi-js-orig.cnn"
data-branding-key="nightcap"
data-video-slug="flying tesla echo park jordan hook alex choi js orig"
data-first-publish-slug="flying tesla echo park jordan hook alex choi js orig"
data-video-tags="california,companies,continents and regions,internet and www,los angeles,north america,social media,southern california,southwestern united states,technology,tesla inc,the americas,united states"
data-details="">
Video Ad Feedback
Did you see the viral flying Tesla? It wrecked this man's car
"
data-check-event-based-preview=""
data-is-vertical-video-embed="false"
data-network-id=""
data-publish-date="2022-02-10T17:20:16Z"
data-video-section="business"
data-canonical-url="https://www.cnn.com/videos/business/2022/02/10/tesla-autopilot-law-enforcement-crash.cnn-business"
data-branding-key=""
data-video-slug="tesla autopilot law enforcement crash"
data-first-publish-slug="tesla autopilot law enforcement crash"
data-video-tags="accidents,accidents, disasters and safety,automotive industry,business and industry sectors,business, economy and trade,companies,crime, law enforcement and corrections,law enforcement,motor vehicles,tesla inc,traffic accidents"
data-details="">
Video Ad Feedback
Watch: Tesla?in 'Autopilot' mode?crashes into police car
"
data-check-event-based-preview=""
data-is-vertical-video-embed="false"
data-network-id=""
data-publish-date="2021-11-18T11:49:54Z"
data-video-section="business"
data-canonical-url="https://www.cnn.com/videos/business/2021/11/17/tesla-3-full-self-driving-mode-test-mc-zw-orig.cnn-business"
data-branding-key=""
data-video-slug="tesla 3 full self driving mode test mc zw orig"
data-first-publish-slug="tesla 3 full self driving mode test mc zw orig"
data-video-tags="automotive industry,business and industry sectors,business, economy and trade,companies,company activities and management,continents and regions,motor vehicles,new york (state),new york city,north america,northeastern united states,product development,product innovation,product management,self-driving cars,technology,tesla inc,the americas,united states,brooklyn,computer science and information technology,software and applications"
data-details="">
Video Ad Feedback
CNN tried Tesla's 'full self-driving' mode on NYC streets. It didn't go great
"
data-check-event-based-preview=""
data-is-vertical-video-embed="false"
data-network-id=""
data-publish-date="2021-03-15T22:29:18Z"
data-video-section="business"
data-canonical-url="https://www.cnn.com/videos/tech/2021/03/15/elon-musk-technoking-tesla-sec-paul-r-la-monica-qmb-vpx.cnn"
data-branding-key=""
data-video-slug="elon musk technoking tesla sec paul r la monica qmb vpx"
data-first-publish-slug="elon musk technoking tesla sec paul r la monica qmb vpx"
data-video-tags="banking, finance and investments,business executives,business figures,business, economy and trade,celebrities,companies,elon musk,financial markets and investing,government organizations - us,labor and employment,richard quest,securities trading,tesla inc,us federal departments and agencies,us government independent agencies,us securities and exchange commission,workers and professionals"
data-details="">
Video Ad Feedback
SEC: Elon Musk officially named 'Technoking of Tesla'
"
data-check-event-based-preview=""
data-is-vertical-video-embed="false"
data-network-id=""
data-publish-date="2020-08-18T12:43:04Z"
data-video-section="business"
data-canonical-url="https://www.cnn.com/videos/business/2020/07/30/elon-musk-tesla-ipo-2010-vault-orig.cnn-business"
data-branding-key="vault-by-cnn"
data-video-slug="elon musk tesla IPO 2010 vault orig"
data-first-publish-slug="elon musk tesla IPO 2010 vault orig"
data-video-tags="automakers and manufacturing,automotive industry,banking, finance and investments,business and industry sectors,business figures,business, economy and trade,companies,elon musk,financial markets and investing,financing and stock offering,initial public offering,tesla inc"
data-details="">
Video Ad Feedback
In 2010, Elon Musk had big plans for Tesla. Listen to his predictions
"
data-check-event-based-preview=""
data-is-vertical-video-embed="false"
data-network-id=""
data-publish-date="2019-03-15T06:38:40Z"
data-video-section="business"
data-canonical-url="https://www.cnn.com/videos/business/2019/03/15/tesla-unveils-new-model-y-lc-orig.cnn-business"
data-branding-key=""
data-video-slug="Tesla unveils new model Y lc orig"
data-first-publish-slug="Tesla unveils new model Y lc orig"
data-video-tags="alternative fuel vehicles,automotive fuels,automotive industry,automotive industry and environment,business and industry sectors,business, economy and trade,california,companies,continents and regions,electric vehicles,motor vehicles,north america,southwestern united states,tesla inc,the americas,united states"
data-details="">
Video Ad Feedback
See Tesla's new Model Y
01:19
Now playing
- Source:
CNN business
Washington DCCNN Business
—
Tesla CEO Elon Musk announced at an investor event Monday that he expects the company to operate robo-taxis next year.
The full self-driving vehicles would compete with ride-hailing services such as Uber and Lyft. Musk pitched the robo-taxis as a way for Tesla owners to make money when they aren’t using their vehicles.
Tesla’s program would let a Tesla owner rent out their vehicle for rides, with Tesla taking a cut of the revenue and the rest of the money going to the vehicle’s owner.
“It’s financially insane to buy anything other than a Tesla,” Musk said. “It’ll be like owning a horse in three years.”
Tesla forecasted the robo-taxis would last 11 years, drive 1 million miles and make $30,000 gross profit per car annually.
It’s another aggressive prediction from Musk about Tesla’s technology. His company has missed a previous self-imposed deadline for having an autonomous Tesla drive across the country. Musk also said he expects to convince regulators by the end of next year that self-driving Teslas are sufficiently safer than a human driver.
Musk also acknowledged his pattern of missing deadlines.
“The only criticism and it’s a fair one, sometimes I’m not on time. But I get it done and the Tesla team gets it done,” Musk said.