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Tesla CEO Elon Musk heads down perilous road in pursuit of profit

Updated : April 24, 2019 10:28 AM IST

Elon Musk foresees a profitable future fueled in part by a ride-hailing service made up of electric cars driven by robots.
Musk's plan makes a lot of assumptions that self-driving experts insist are unlikely to happen.
Uber and Lyft that rely on human drivers cost $2 to $3 per mile, according to Musk. He estimates his robotaxis will cost less than 18 cents per mile, so they would be able to undercut the competition.
Tesla CEO Elon Musk heads down perilous road in pursuit of profit

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