Tell me more about self-driving cars. Do you really think they’ll be on the roads in the future?

I do. I will even go as far as to say that most of us will no longer own a car by the end of the 2020s.

Why own a car when you can summon an all-electric luxury vehicle to pick you up in front of your house and then be waiting to take you back home? Think Uber, except with no driver. A fleet of electric self-driving cars will save most families thousands of dollars per year – some in the tens of thousands. Their mass adoption could result in you only spending $1,000 per year on your “car” of the future.

The race toward self-driving vehicles – also known as autonomous vehicles (AVs) – has already begun, and its path forward is inevitable. As investors, we have a golden opportunity to take part in a $7 trillion upending of the transportation industry.

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