RIDEGURU
Maybe Uber's self driving car unit will finally get the company out of debt.
Wow. Uber’s self-driving car unit may be worth $7.25 billion.
Posted 5 years ago
Posted In
Rideshare News
News, media buzz around the industry, cool images, and more. Share them here, and discuss with others in the rideshare industry, including Uber drivers, passengers, journalists, and rideshare companies.
Posted By
jeffsmith66
45
Ride Apprentice
Popular Links
- Maximum Ridesharing Profits
- Fare Estimator
- Rideshare 101
- Sign up for UberAd
- Sign up for Uber EatsAd
- Sign up for Lyft - $5 offAd
Comments
Uber's self driving program is suddenly valued at $7 Billion. The only reason for Uber to release that information is to boost their pre IPO valuation. It's nothing more than desperate marketing to ensure maximum short profits.
Self driving cars are a pipe dream that won't work until everyone decides that they're willing to give up their personal vehicles and are willing to pay companies like Uber and Lyft to transport them everywhere. It's not going to happen, or at least not in our lifetime.
Bingo. 7.25B is ludicrous. But of course lots of people will fall for the hype - including people who should know better.
Still waiting to hear how these AVs will handle winter climates....
Toyota trying to play catch up. SoftBank already owns a large portion of Uber. None of this is anything new.
Apparently, Uber's technology, which has nothing to do with its core business, is worth a lot of money. It's all just money being thrown around. Uber has money to throw around. They own technology around self-driving cars. That's all it is.
Yep. This. "The only reason for Uber to release that information is to boost their pre IPO valuation."
Self driving taxis will be cool until they require medallions. They aren’t ride share vehicles they are taxis. Oh and when someone plants explosives in one and blows up a state capital that’ll be the end of that.
You should write a book. It sounds like an excellent plot (or perhaps a twist) on the next Grisham novel.
A bomb delivery device, where you can literally specify when and where the bomb will go and be detonated. Genius (evil) plan.
Not sure about medallions, but I am sure each car will be registered and closely monitored. and I am sure the # will be heavily regulated whether by the company itself or the authorities (cities/ordinances).
The reality of these things is still 10s of years in the future. Technologically maybe not, but politically and legally, nope.
Even technologically they are farther off than people think. Decades IMO. I have yet to hear how they will deal with winter climates.
Yeah I guess they kind of do take the "share" out of "rideshares" don't they... But I doubt regulators will care. The whole idea of medallions is dead.
I would much rather flying cars than self driving cars.
Well we're never gonna have human-piloted flying cars. That would be a disaster. But maybe we'll have self-flying flying cars. To be honest I think that sounds safer in some ways than self-driving cars. Fewer obstacles in the air... Less unpredictability.
SKYNET