The unit economic analysis here is really off. Waymo loses a billion dollars a year on operating in only two or three cities. The cost is clearly not just the C

The unit economic analysis here is really off. Waymo loses a billion dollars a year on operating in only two or three cities. The cost is clearly not just the CapEx of buying the vehicles, there’s an incredible amount of ongoing engineering that takes place behind the scenes. Cruise had roughly 1.5 engineers assigned to each vehicle on the road at all times.