Lossmaking Giant Uber, Hoping To Stay Around For Decades, Says It is Aiming For 100% Zero-Emission Transport by 2040
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Feel free to reply to any comment by clicking the "Reply" button.Cathie Wood, CEO and founder of ARK Invest, claims Tesla can start a ride sharing system to compete with Uber and others, which can be profitable using EVs now, while paying drivers enough to satisfy CA regulations. I havent seen her plan, but it seems to me to be risky. Moreover, Tesla hasn't either done it or announced they will do it.
Tesla has promised a similar service, robotaxis, to be so inexpensive very few people will buy cars. I think Uber will be bankrupt before 2040.
EdEarl
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Sep 9, 2020
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