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Billionaire Investor Chamath Palihapitiya Ranks Tesla's Non-EV Businesses, Picks This As No. 1 'Absolute Probably By An Order Of Magnitude'

Benzinga ·  Apr 29 00:01

Venture capitalistChamath Palihapitiyarevealed his surprising ranking ofTesla Inc.'s (NASDAQ:TSLA) ventures beyond electric vehicles. He declared "Ride-sharing is number one. And the absolute probably by an order of magnitude," when asked about the company's biggest potential growth areas.

The Autopilot-Fueled Revolution?Palihapitiya's bullishness on ride-sharing stems from its potential synergy with Tesla's self-driving technology.

"In order for ride-sharing and ride-hailing to really work the way that they envision it, you will have level five autonomy supported in jurisdictions where... you can summon a car from your app...

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