Remix.run Logo
Deklomalo 10 hours ago

Tesla is already valued 9x higher than uber.

Uber makes money on every ride.

Teslas Robotaxi has to be cheaper than a taxi with a human and i don't think they will be able to have a lot higher revenue per ride than uber. Not 9x

And if Tesla starts to deliver a robotaxi, all of this revenue has to be shared between taxis, uber, Tesla, Waimo, Zoox, Rimac, Cruise, Baidu, WeRide, ...

So how huge is the market for Tesla to be valuated 9x higher than Uber?

We can even combine a big car company, a robotics company, a solar roof company, battery storage company, ETruck and a robotaxi company and STILL don't get to the same valuation than Tesla currently has.

Teslas share price is math for stupid people.

sib 6 hours ago | parent [-]

>> i don't think they will be able to have a lot higher revenue per ride than uber. Not 9x

Why would Tesla need to have higher revenue per ride than Uber? The value of a company is driven (ultimately) by its profit, not its revenue. And Tesla doesn't have to give the majority of the fare to the driver.

Deklomalo 6 hours ago | parent [-]

[dead]