Elon Musk Just Unveiled His Vision for Tesla's Robotaxi -- Should Uber Be Worried?
In 2016, Tesla (NASDAQ: TSLA) CEO Elon Musk first revealed plans to develop a fully autonomous self-driving robotaxi. In a wide-ranging interview with CNBC's David Faber yesterday, Musk added a little more color to his vision for the project, and serving as a self-driving ride-hailing platform appears to be a big part of the value proposition. The undisputed global ride-hailing leader today is Uber Technologies (NYSE: UBER), which is currently working on its own self-driving technology.