Heads Up, Uber: Tesla 'Master Plan' Sees Ride-Sharing

Elon Musk unveils his vision, including Tesla trucks
By John Johnson,  Newser Staff
Posted Jul 21, 2016 8:33 AM CDT
Heads Up, Uber: Tesla Has Ride-Sharing Plans
Tesla Motors Inc. CEO Elon Musk.   (AP Photo/Francois Mori, File)

Tesla CEO Elon Musk has released his "master plan" for the electric-vehicle company, one that comes 10 years after his first such plan. The nitty gritty:

  • Bigger vehicles: New vehicles in the works "range from a commercial truck called the Tesla Semi to a public transport bus, a 'new kind of pickup truck' and a compact SUV. The vehicles will be unveiled next year alongside Tesla's existing fleet of electric cars." From Reuters.

  • Sharable vehicles: Musk wants to "move Tesla into the popular ride-sharing business, not only with an Uber-like fleet but also with an app that lets Tesla owners rent out their vehicles when they’re not using them, perhaps defraying a portion of their auto loans." From the Los Angeles Times.
  • Bold solar plans: Musk envisions rooftop solar panels that make car owners "their own utility," and Quartz has details on how he expects to make that happen, including the recent acquisition of SolarCity.
  • Autopilot: Musk also defends the company's continued push for an autopilot feature—in the wake of a fatal crash—and the Guardian has details on that.
  • The actual plan: Read Musk's blog post here.
  • A slideshow: TechCrunch compiles the highlights here.
  • A criticism: “As is typical, Elon Musk has laid out a grandiose plan for the future with no timeframes and few specifics, and no mention of how and when Tesla will be profitable," complains Autotrader analyst Michelle Krebs, per the BBC.
(More Elon Musk stories.)

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