Tesla to enter the market share of the automotive market challenge

Posted on 10/24/2016 10:48:18 AM

According to Reuters, Tesla Motors today in the official website that plans to launch a car sharing service, next year will publish detailed plans. This year in July, Tesla CEO Maske first proposed this blueprint.
Tesla has issued a disclaimer on the fully automatic drive function of the new Model S. Musk said Tesla is developing a fully automated car with the necessary software, but as of now the necessary software has not yet developed.
The Tesla autopilot can provide car ownership and carpooling services for car owners and friends, but if it is for profit, it must be carried out on Tesla's network, details to be announced next year. Tesla CEO Masco outlined the car-sharing system in a future blueprint outlined in July: Tesla owners can use their mobile client to join their Tesla fleet in order to increase revenues, There is the overhead. Maske also pointed out that Tesla will be less private cars in the city to build their own team.
Barclays analyst Brian Johnson wrote a note to investors on Thursday, saying that while the Tesla network may stimulate the market to make a profit, but the implementation of the proposal will cost a lot of money. "Although we are optimistic about the future market of carpooling and car service, there is a certain financial risk for the original manufacturer of the car to organize the fleet.
Car manufacturers are rushing to invest in "mobile services," and they have a place in the Uber-dominated market for mobile services by producing cars and offering hot services to get a slice of the multi-trillion-dollar market. According to Reuters analysis, in the past decade, venture capitalists and corporate investors in the field of car travel into about 28 billion US dollars. One of the highest bets of General Motors, in January this year, investment in Lyft 500 million US dollars. Relevant management told Reuters, GM Chevrolet's upcoming Bolt is designed for car sharing.
However, at the loss of Tesla neither GM's strong financial background, it is not possible, as Uber and Lyft and other car travel service companies to fight for regional control a lot of money. For the control of the area, car travel companies spending billions of dollars, and China before the merger drops drops excellent step, is a good example.

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