Elon Musk, the chief executive of electric car company Tesla, has said he expects the firm to have self-driving “robotaxis” on the road by 2020.
The entrepreneur made the pledge as he announced an improved microchip for its driverless vehicles.
Mr Musk told investors he expected regulators to approve ride-hailing in some areas for autonomous vehicles.
He added: “I feel very confident in predicting autonomous robotaxis next year.”
Mr Musk said he expected the scheme to operate on a model similar to that of Uber or Airbnb.
The company unveiled computer hardware for what it said was “full self-driving” capabilities in the form of the new microchip.
There are still technical and legal challenges ahead for driverless cars ... Read even more
