Tesla Network, a taxi rival for Uber

Tesla wants to compete with Uber in terms of taxi services. The electric car maker informs its customers about Tesla Network, an ambitious car-share project that relies entirelly on fully autonomous vehicles.

Tesla Network is a network similar to Uber’s, through which customers can send their self-driving cars to deliver taxi services.

For example, a ride in a self-driving Tesla Model 3 on ‘Tesla Network’ could reveal costs as low as ~$0.60 per mile.

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However, the success odds of the plan are not 100%. Tesla is currently losing money as it set off on a market that is dominated by Uber, a company which in turn loses money for the sake of expansion.

The competition seems to be fierce on this niche as another big name in the industry, General Motors, plans to develop its own network with its electric model Chevrolet Bolt, after already investing half a billion in Lyft, the greatest rival for Uber so far.