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Tesla is larger and how well has that worked for them? http://www.valuewalk.com/2014/03/tesla-motors-inc-tsla-now-banned-in-5-states/ http://www.valuewalk.com/
by opendais 12y ago
Tesla is larger and how well has that worked for them?
http://www.valuewalk.com/2014/03/tesla-motors-inc-tsla-now-banned-in-5-states/ http://www.valuewalk.com/2014/03/tesla-motors-inc-tsla-now-b...
Uber, unlike Tesla, is costing the government money in the form of licensing fees. Its contractors are not paying for such licenses frequently. You can't simply "fight" the tax system like that.
Can they fight lobbying by the taxi companies? Yes.
Can they convince the governments to go tax someone else instead? I doubt it. The taxi companies haven't managed that trick either.
- rayiner 12y agoThey might be turning around that NJ loss: http://www.engadget.com/2014/06/06/tesla-resume-sales-new-jersey http://www.engadget.com/2014/06/06/tesla-resume-sales-new-je..., which puts them at 4 for 4. They're in it for the long game, and I don't see them losing it.
- opendais 12y agoDo you honestly think Uber can do that while simultaneously removing per-trip, tax medallions, and other taxi related revenues from the city coffers?
- rayiner 12y agoI don't think cities have to lose taxi-related revenues for Uber to be able to do business. They will have to figure out how to address concerns about liability insurance, overcrowding, etc. But they can still do that and make money.
- opendais 12y agoFair enough, but that is part of why they are getting banned and upsetting people. Its also part of their price competitiveness. Their contractors haven't been paying.
- tptacek 12y agoTo be fair, Tesla has a much stronger case. The regs impeding Tesla make no public policy sense, and the perceived public benefit of Tesla is enormous on its face.