Why Tesla is Approaching Cybercab Cautiously and What It Takes to Unlock Expected Profits
Explore why Tesla is taking a cautious approach to the Cybercab business, the shift toward mobility sharing, and the economics of autonomous vehicles. Is a metal asset worth tens of thousands of dollars, left gathering dust in a garage, a blessing of modern civilization or a symbol of massive waste? As humanity moves beyond the age of the iron horse and faces the dawn of fully unmanned autonomous driving , the fundamental philosophical grammar with which we treat transportation is being shaken to its core. Core Content 1. The End of Ownership and the Reshaping of Spatial Economics Humanity's desire for ownership has always walked a tightrope between ostentation and practicality. Ever since Henry Ford opened the gates of mass production, the automobile has reigned as one of the most expensive consumer goods symbolizing personal freedom and social status. However, the anomalous statistic that the average American household owns 2.1 vehicles is akin to a confession of the resource...