Elon Musk unveiled a plan to repurpose Tesla vehicles into "robotaxis."

This would allow owners of Teslas equipped with autonomous functionality to rent out their car while it is not in use via an app.

Musk estimates a single robotaxi can make $30,000 a year.

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Tesla's CEO Elon Musk unveiled a plan to repurpose Tesla vehicles into robotaxis. This would allow owners of Teslas equipped with autonomous functionality to rent out their car while it is not in use via an app. Musk estimates a single robotaxi can make $30,000 a year. He said he thinks the program can be implemented as early as next year.