Elon Musk announced today at the Tesla Autonomy Day event that they company plans to have at least a million robo-taxis on the road by 2020 with full self-driving car technology. This is possible thanks to Tesla’s very own computer for self-driving cars, which uses a neural network system with complete redundancy. So, if one of these chips should fail, the second one kicks in automatically. “All Tesla cars right now have everything necessary for self-driving available today. All you need to do is improve the software,” said Musk. Read more for a video about the chip from Autonomy Day and additional information.
“Musk hopes to undercut Uber and Lyft with the cost per mile of a robo-taxi being less than $.18 a mile. Typical ride sharing costs are $2 to $3 a mile. He said that Teslas will be available to autonomously navigate dense urban areas like San Francisco and New York by the end of the year,” reports Engadget.