Earlier quoted context omitted.
>Elons point on cars being worth 5x as much .... all of a sudden can be driven 40-50 hours a week ... Look at it this way, assume humans drive, or need to be driven/travel, X miles per year. Today, assuming a car drives Y miles per year, the market needs X/Y cars. Given your argument, with self driving, a car runs nY miles per year, the demand for car will drop to X/nY , basically 1/n of before or maybe a little more…
Self driving will increase demand, not decrease, as it will displace other less popular modes of transit. Why call an Uber or taxi after a night at the bar when you can just have your EV drive you home? Why make a medium-distance flight, when you can just sleep in the back of your EV as it cruises down the highway overnight? (This will pare well with lay flat front seats what would allow turning the car into somethin…
Are you sure? How many people right now own a car that they use mostly a few times per week? Car ownership right now is the only way to guarantee personal long-range transport. But if self-driving cars can replace taxis and even some form of public transport, car usage might go up but it's not clear to me that car ownership will go up along with it.