Get the latest market trends in your inbox

Stay on top of the latest market trends and economic insights with the Axios Markets newsletter. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Denver news in your inbox

Catch up on the most important stories affecting your hometown with Axios Denver

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Des Moines news in your inbox

Catch up on the most important stories affecting your hometown with Axios Des Moines

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Minneapolis-St. Paul news in your inbox

Catch up on the most important stories affecting your hometown with Axios Minneapolis-St. Paul

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tampa-St. Petersburg news in your inbox

Catch up on the most important stories affecting your hometown with Axios Tampa-St. Petersburg

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Andy Wong / AP

If tech leaders are correct, someday we'll be getting around by summoning rides in self-driving cars with our smartphones instead of driving ourselves. But who will own the cars and supply the rides?

Why it matters: There's lots of talk about how autonomous vehicles will change jobs and traffic patterns, but less attention is being paid to the logistical details of how these vehicles would be used. Whether self-driving cars take off depends on finding the right model to fit the demand, whatever that may be.

Here are the three possible models:

  1. Ride-hailing companies: Both Uber and Lyft have envisioned a future in which they're shuttling their customers around in self-driving cars. And although both have invested in autonomous driving technology, the cars will most likely be manufactured by someone else while the ride-hailing companies focus on what they're known for: an easy way to hail a ride via an app.
  2. Automakers: Several automakers have teamed up with ride-hailing companies to develop and test self-driving cars, but they could very well offer their own ride-hailing services eventually. General Motors, for example, partnered with Lyft last year to work on self-driving cars, but the U.S. automaker has also been experimenting with new services like car-sharing on its own. BMW is also testing car-sharing and ride-hailing services in a few U.S. cities. In Tesla's Master Plan, Part Deux, CEO Elon Musk mentioned that the company will operate a fleet of self-driving cars in cities with high demand.
  3. Car-sharing: In his Master Plan, Musk wrote that Tesla car owners will be able to add their cars to a Tesla shared fleet and "have it generate income for you while you're at work or on vacation." Other companies could easily set up similar models.

Go deeper

Trump pressures Barr to release so-called Durham report

Bill Barr. Photo: Jabin Botsford/The Washington Post via Getty Images

President Trump and his allies are piling extreme pressure on Attorney General Bill Barr to release a report that Trump believes could hurt perceived Obama-era enemies — and view Barr's designation of John Durham as special counsel as a stall tactic, sources familiar with the conversations tell Axios.

Why it matters: Speculation over Barr's fate grew on Tuesday, with just 49 days remaining in Trump's presidency, after Barr gave an interview to the Associated Press in which he said the Justice Department has not uncovered evidence of widespread fraud that could change the election's outcome.

CDC to cut guidance on quarantine period for coronavirus exposure

A health care worker oversees cars as people arrive to get tested for coronavirus at a testing site in Arlington, Virginia, on Tuesday. Photo: Olivier Douliery/AFP via Getty Images

The CDC will soon shorten its guidance for quarantine periods following exposure to COVID-19, AP reported Tuesday and Axios can confirm.

Why it matters: Quarantine helps prevent the spread of the coronavirus, which can occur before a person knows they're sick or if they're infected without feeling any symptoms. The current recommended period to stay home if exposed to the virus is 14 days. The CDC plans to amend this to 10 days or seven with a negative test, an official told Axios.

  • The CDC did not immediately respond to a request for comment.
4 hours ago - Health

CDC panel: COVID vaccines should go to health workers, long-term care residents first

Hospital staff work in the COVID-19 intensive care unit in Houston. Photo: Go Nakamura via Getty

Health-care workers and nursing home residents should be at the front of the line to get coronavirus vaccines in the United States once they’re cleared and available for public use, an independent CDC panel recommended in a 13-1 emergency vote on Tuesday, per CNBC.

Why it matters: Recent developments in COVID-19 vaccines have accelerated the timeline for distribution as vaccines developed by Pfizer and Moderna undergo the federal approval process. States are preparing to begin distributing as soon as two weeks from now.