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I think it's rather likely that Waymo has not recouped its initial investment, and even if you completely ignored that I'd be surprised if it doesn't currently
by slfnflctd 1y ago
I think it's rather likely that Waymo has not recouped its initial investment, and even if you completely ignored that I'd be surprised if it doesn't currently still operate at a net loss.
The whole situation is artificial and propped up by external funding right now. Making this a viable industry is going to take a lot more time, if it's possible at all.
- maxerickson 1y agoThey are barely operating. 250,000 rides a week. That translates into hundreds of millions of annual revenues, obviously not enough to pay back the billions invested.
- johnisgood 1y agoI don't disagree, it is just interesting to me that Waymo has actually "made it" and it does seem to work, more or less.