Reply to post: Re: I'm not sure I see how they get to profitability

What's that? Uber isn't actually worth $82bn? Reverse-gear IPO shows the gig (economy) is up

Charles 9 Silver badge

Re: I'm not sure I see how they get to profitability

"Also: Labor cost is thoroughly irrelevant when automated cars cost millions per piece. And you can bet only the manufacturer has tools to repair it once it breaks. It's a car: It will break."

Fleet sales means economies of scale: price per car goes down, and the terms of the agreement can force manufacturers to hand over the tools to the fleet buyer for fear of them going to another manufacturer.

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