Self driving cars turn small cars into buses, in that you get a public transport ring. You take the driver out, and the ride is cheap. It is bus rate, cheaper actually. This is not just a revolution in engineering, it also is a revolution in ownership. New financial instruments have to be thought up. Instead of buying a house to rent, maybe you want to buy a car to rent.
Transport is point A to point B. It makes sense for the Hyperloop pod to talk to the Tesla self-driving car. You should be able to pick point A, and your point B, and let them crunch the details. You don't get off the pod and call a cab. The cab is already waiting for you and two other people. You will be dropped off at your point B.
Tesla becomes more viable when it starts doing better numbers, which means mass production. The more you produce the cheaper you can go, wider your horizons. Tesla today is a PC in the mid-90s. The price will look expensive in five years.
China's bullet trains pack a punch. But Musk takes point A to point B to a whole new level. There is even vertical take off. And that is 30 minutes from any point to any other point on earth. Vertical also goes in another direction. There is no limit to how many lanes you can have underground. Solving LA traffic? That entrepreneur deserves a gold medal. LA traffic is a living, breathing nightmare.
Tesla 'obviously' plans to take on Uber and Lyft, says CEO Elon Musk