UBER Killing Robotaxi Launching in 120 Days
by Brian Wang from NextBigFuture.com on (#6V8DX)
UBER only made $2.8 billion in operating profit in 2024. They had some tax revaluation net income but those were one off financial effects. The $2.8 billion was less than 1.5% of gross revenue and 7% of UBER share of revenue. This means that UBER is far more vulnerable to any price competition. Tesla robotaxi ...