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You appear to be ignoring development costs. Waymo has to be one of the most fantastically expensive projects in corporate history. Even if they ramped up massi
by native_samples 5y ago
You appear to be ignoring development costs. Waymo has to be one of the most fantastically expensive projects in corporate history. Even if they ramped up massively tomorrow, they'd still be charging taxi-like prices and it will take a long, long time to break even on that initial investment. But of course, they aren't ramping up tomorrow.
- bushbaba 5y agoI often wonder how much higher googles stock price would be if they used that money to buy back shares.