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Studies suggest a driverless Tesla Model 3 fleet could be highly profitable, obtain significant market share

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The promise of autonomous cars is not that it can handle your highway commute but complete the full journey from point A to B.  When that day comes, it will not only dramatically change road safety, but also open up new business models beyond the current vehicle ownership model to mobility on demand service model.

Elon Musk recently reduced his timetable for full autonomy from 3 years down to 2 years.

“We’re going to end up with complete autonomy, and I think we will have complete autonomy in approximately two years.”

The Model 3 is expected to be the first Tesla vehicle to be equipped with the automaker’s self-driving system.

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