Uber Wants To Buy Tesla's Autonomous Cars

Uber's CEO, Travis Kalanick, has said that he will be buying all 500,000 autonomous cars manufactured by Tesla.

Tesla Motors Inc. is one of the powerhouses of the United States’ automotive industry. The company has made it all, from traditional cars to the cars powered on a hydrogen fuel tank. Its recent innovation is to build an autonomous car. The company provided people with a concept car a few months ago and vowed that it will be working on them soon. So far as it is known that the Tesla’s self-driven cars will be on the roads by 2020.

At the 17th annual dinner of Top 10 Tech Trends, Steve Jurvetson who is a reputable venture capitalist had a chat with the CEO of Uber, Travis Kalanick, over a possible partnership and investment. According to sources, it is believed that the CEO of Uber is all set to all of the 500,000 autonomous cars manufactured by Tesla Motors by 2020, only if Tesla succeeds to build them. Uber’s business is currently at a very low point and it has faced a lot of criticism from the taxi drivers. But now, the company is all set to take its business to the next level once it acquires the autonomous cars from Tesla in the coming years.

In the past years, Uber has to face a lot of troubles due to its network of drivers throughout the world. The company was involved in many incidents and cases that jeopardized the position of it in the market. And now it is facing the consequences. The CEO has vowed that he will be buying all of Tesla’s autonomous cars if the company manages to complete the production in the next five to six years.

This move will make it easy for Uber to do business. Mr. Travis Kalanick believes that the self-driven cars are the future of the automotive industry and by acquiring these cars it will put the traditional taxi drivers out of business sooner or later.

The CEO of Tesla, Elon Musk, stated that the company is currently testing 12 cars on the roads of California. Elon Musk further believes that it will only be robots in the coming years that will handle the vehicles on roads and little or no human involvement will be noticed.

According to the CEO of NVidia, Jen-Hsun Huang, stated in the annual developer conference of company “It would be like an elevator. They used to have elevator operators, and then we developed some simple circuitry to have elevators just automatically come to the floor that you're at ... the car is going to be just like that.”