Tesla CEO Elon Musk: There's no need for Tesla to buy Uber

Elon Musk
388 followers
CNBC's David Faber sits down at Tesla HQ with CEO Elon Musk for a wide ranging conversation on self-driving, semiconductors, AI, China, and more.
#elonmusk
Why doesn't Tesla buy Uber?
There's no need, because we have a large number of cars, we have millions of cars that will be
able to operate autonomously. And I should say that it's a combination of a Tesla-owned fleet
and also enabling Tesla owners to be able to add or subtract their car to the fleet,
so that existing Tesla owners will be able to earn money by adding their car to the fleet
for autonomous use. And I think it's maybe possible for Tesla owners to
make more in allowing their car to be added to the self-driving fleet,
that then they cost them in the lease. And that's why I'd say consider it sort of a
business model that's similar to some combination of Airbnb and Uber. Just like Airbnb, you can rent
out your spare bedroom or your house if you're not using it and make money on it. And that's
what we expect Tesla customers to be able to do. Right. And as this scales up, you obviously,
you said earlier, you feel like you have the logistics ability and the ability to create
the app as well, of course, and anything else around that that needs to occur.
Yeah, I don't think we're missing anything. Tesla has all the ingredients necessary to offer
a vast self-driving fleet overnight. Yeah. While I'm on the subject of deals,
and this will take me actually to XAI, go a few places. But, you know, I did note earlier
in an interview you did earlier today, not with me, you're busy, man. You do a lot of different
media during the day sometimes. Yeah, a lot going on.
Yeah. You'd indicated that you would like more control of Tesla.
Yes. I mean, really just enough control to not get ousted by activist investors at some point
in the future. Yeah. So that's what I said is like something.
You've said that before. Yeah, I've said something new, which is
that around the sort of 25 percent level, you know, that means I can certainly be thrown out
if I go crazy. Right.
But it really requires, you know, a lot, you know, like that's the number that I feel comfortable at
because it's that that's where I have some control, but not so much control that I can't be
thrown out. Right.
