Tesla to Launch Uber-Style Ride Sharing Services

And they may be even less interested in letting strangers ride around alone in their self-driving Teslas.

Tesla this week pledged to equip all of its cars with the hardware they'll need to drive autonomously in the future, though you'll need to pay $8,000 to activate this feature when it's ready for primetime (or $10,000 if purchased separately from the vehicle), according to The Wall Street Journal.

Naturally, it's installing sensing technology in all its vehicles now, because that's what the entire automotive industry is doing.

Tesla is equipping every new auto with eight cameras to pull in visual data from around the vehicle in 360 degrees. And crunching all the incoming data will be a sophisticated computer powered by a top-of-the-line graphics processor. They'll be able to drive themselves safely and quietly in nearly any condition, while also talking to other cars to keep their occupants safe.

Musk explained that the foundation has been laid for fully autonomous driving on the upcoming Model 3, describing it as twice as safe as a human or maybe even better. The company plans to conduct self-driving tests on a closed track before opening it to a select number of early users.

The high cost of lidar, now about $8,000, is just one of the obstacles to putting self-driving cars in consumers' hands. Tesla's present line-up - the Model S and the Model X - are already fitted with the same and are on sale in the United States and other countries. Through a service to be named Tesla Network, the electric automaker is preparing to enter the field of car-sharing and ride-hailing services that were first introduced by CEO Elon Musk in his master plan in July. But in May, Google began testing a carpooling service that could take business away from ride-hailing leaders Uber and Lyft.

Tesla announced Wednesday that all cars including the lower-cost Model 3 would have more cameras, sensors, radar and computing power so they can drive themselves. We also discuss LeEco, a Chinese company launching itself in the U.S. as a Netflix, Apple and, yes, Tesla all rolled into one.

Tesla owners, though, won't be able to give up control of their cars just yet. "You're sort of buying into the Tesla club. the Tesla cult, we'll call it".

Returning to the present, Tesla's Autopilot is facing some challenges.

Tesla has been under huge criticism for its so-called misleading "Autopilot" System. "He noted that a negative story dissuading people from using autonomous vehicles was effectively 'killing people" since the technology made driving safer.

The age of the GPU is in full effect, with self-driving cars and machine learning leading the way and despite Nvidia's enormous run in 2016, it's likely shareholders will continue to see more growth ahead.

Autopilot will continue to exist side-by-side with Tesla's self-driving software. Also on the feature list is an enhanced, forward-facing radar, which is capable of seeing through heavy rain, fog, dust and even the vehicle ahead.

  • Fernando Stephens