Ride sharing a Tesla

Ride sharing a Tesla

Hello everyone, welcome back to my business blog. I wanted to take a break from all the talking about Trump and Russia and talk about something that doesn’t seem to hold the fate of the world in its hands: ridesharing. Many of you have probably you ride sharing apps such as Lyft or Uber in the past, but soon you will be able to get a whole nother level of hitching a ride. Tesla is in discussions right now to start something referred to as the Tesla Network, which would allos current Tesla owners to monetize their ownership by renting out their vehicle, in a manner of speaking. Tesla vehicles with Autopilot would be able to pick someone up, and drop them off at a destination without much action from the owner. It could work great in today’s sharing based economy, but there is some issues.

Who wants to share their Tesla?

If you are purchasing a car for upwards of $40,000 then you most likely don’t want to risk someone else trashing it. Now, they can’t drive the car but they can do anything someone would do in a cab just without a driver to tell them off. Not only do you have the potential issues caused by people in the car, you also get the extra maintenance fees from the car being driven more frequently. And all those miles can add up. Tesla’s usually retain their value in the used car market, but an excessive amount of miles can have an affect on any used car. Musk is a smart man, so no doubt that he is thinking economically about Tesla Network. When the new Model 3 is released we will see how big this really gets, until not all we can do is speculate. Have a good night everyone, I will talk to you again soon.

Tesla Model 3