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So? I can make the exact same point about Google and other tech companies that endured years—decades sometimes—of eye-watering losses, only to eventually build

• TheAlchemist 2y ago
  Of course. But it's a bit premature to say it's a good business and making money. It may or may not become a good business. Let's say Tesla does manage to launch a cheap Robotaxi, fully autonomous, next year ? (Of course they won't, they are decades away from that) Uber would be pretty much dead, and all it would have done in it's lifetime is massive losses.