Sure, rich people will always have enough money to afford luxuries like privacy and comfort, but most people are price sensitive and will opt for the cheapest transportation solution that delivers them where they need to go in the fastest amount of time. I would wager this will be a Waymo type autonomous taxi service but time will tell.
The other problem is that I can't haul shit in a robo-taxi. Or drive long distances. People use their vehicles for more than just transporting bodies to and from work. And if I kill my neighbor I probably can't take his body in the trunk either. I would love to know what kind of life you and the other sibling commenters are living where a taxi service encompasses the totality of your transportation needs.
Maybe not 100% of cars, but a very good chance that it will eat into owning a 3rd or 2nd car in a household.
Yes please.
As you can see in your replies, there are a lot of techies who think it will. And furthermore, Tesla's valuation can only be made sense of if Tesla investors believe Tesla robotaxis will eat whole car industry, not just the whole taxi industry.
On the other hand, if there were a way to rent any vehicle for about the same price as ownership (not that I think Musk will deliver this, but in principle someone else might), you can rent the one with the big boot once a week for shopping, the truck once every two months for a trip to the hardware store, and the tiny cheap city car for your commute.
In the U.S., something like 59% of households own two or more cars. 22% have three or more.
https://shunauto.com/article/how-many-people-have-a-car-in-a...
This notion of Americans not being able to into car ownership is divorced from reality.
And also, the same reason people don't use taxis exclusively today is because you have to plan ahead or sit around and wait for a vehicle to come get you. Who is going to want to do that, when your empty driveway could house a car that pays for itself, makes you money, and is available whenever you need it?
I also don't think that taxis will be cheaper just because there is no driver. The savings is never passed down to the customer, never has been, and never will.
People who don't have cars today already manage to get around just fine, mostly due to where they live. This won't really change anything for them.