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View all search resultsTesla may enter ride ride-hailing business next year
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In this April 30, 2015, file photo, Tesla Motors CEO Elon Musk unveils the company's newest products, in Hawthorne, Calif. (AP/Ringo H.W. Chiu)
Electric car maker Tesla Motors has plans to get into the ride-hailing and sharing businesses.
The company hinted at the venture earlier this week when it announced that all of its cars would come equipped with hardware needed to drive themselves.
(Read also: Tesla CEO says he's working on another secret 'masterplan')
The company says in a disclaimer that use of self-driving Teslas to make money with ride-hailing or sharing will be allowed only on Tesla's own network. Details will be released next year.
A Tesla spokeswoman wouldn't comment on the matter.
Tesla announced Wednesday that all cars including the lower-cost Model 3 would have more cameras, sensors, radar and computing power so they can drive themselves. Software would be updated over the internet to allow the cars to do more as the features are tested.
