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The cars are extremely expensive and they have a 100 billion investment to recoup. I assume they are still losing money on each ride.
by apelapan 9mo ago
The cars are extremely expensive and they have a 100 billion investment to recoup. I assume they are still losing money on each ride.
- xnx 9mo ago> The cars are extremely expensive Compared to what? Most estimates put costs around $150K/vehicle and dropping.
- deleted 9mo ago[deleted]
- cucumber3732842 9mo agoThe $125k difference between that and a "uber quality" used car buys a lot of labor.
- array_key_first 9mo agoYes, labor can be shockingly cheap, especially if it's gig labor. You need A LOT of labor to outrun the capital investment.
- jaimex2 9mo agoAnd this is why Tesla will steamroll them in time. That and their cars are far more adaptable.
- bobsomers 9mo agoTesla won't achieve true safe autonomy without a significant change in strategy. Source: I worked in AV V&V for a decade.
- dzonga 9mo agothe people competitive in this space - your Waymo's, the Chinese auto co's (banned in the US), Mercedes | GM (won't do this as it cuts into their main profit lines) - so that will only leave Waymo as the only player in automated ride hailing Tesla is just making noise as usual.
- jdlshore 9mo agoOnly if Tesla is able to roll out a competing service. Given that they have zero cars without a safety driver on public roads, I’d say they’re a very long way from doing so, and I have my doubts about their ability to do so at all. Their CEO talks big but doesn’t deliver.