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Can you apply the same logic to Uber/Lyft?
by vtail 7y ago
Can you apply the same logic to Uber/Lyft?
- dragontamer 7y agoYes, but Uber / Lyft loses less money than Tesla. So Uber / Lyft will fail at a later date than Tesla will fail. Note that Uber/Lyft can potentially become profitable by simply raising prices, but there's no easy way for Tesla to raise prices. (In fact, they haven't really deployed the promised $35,000 M3 yet in wide numbers. Tesla's customers are still expecting price cuts... to get to the $35k number)