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by Silhouette 3223 days ago
Pretty sure even my grandma knows where the transportation sector is headed: electric, autonomous, sharing, services based, etc ;)

I'm sure big names such as Uber and Tesla are hoping for that outcome. Personally, I'll believe it when I see it. For now, both autonomous and electric vehicles are still looking like technologies with great PR videos but also quite a few fundamental problems with no credible solutions yet.

I wouldn't be surprised if Uber was aiming for a big IPO before too much of that reality invades those PR videos, particularly if the financial foundations of their current business model are as shaky as some reports have suggested.

1 comments

I think Musk realizes that electric cars will be a commodity which will lead to razor-thin margins. The one thing that's not yet a commodity, and will not be for a while, is lithum-ion battery tech which is why they are building the gigafactory to cement their place as near sole supplier to the rest of the industry when they eventually catch up with selling all-electric drive trains.
Tesla is going to consume the entire output of the gigafactory and build also more battery factories.

And there are already examples of other companies making lots of batteries. LG is making them for the Bolt.