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Breaking down the Uber Financials to estimate how long they can last, then we enter the big short.

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Cryptoaccident

I took an uber today 6 miles, no traffic, $24 was the cheapest option. Wtaf. Not even urban. Easy freeway drive in Orange County. Driver was nice but can’t wait for this to go away and be replaced by robotaxi.

Slubbles

I dislike Uber business. I see them as a massive ripoff, using their monopolistic powers to coerce businesses and maximise profits.

Evan Rodts

Let us know when to short! We’ll do it with ya!

Mong

i just don't get why people are still so excited about uber and grab stock 🫣

TabbyPepper2024

#1. Do they still have safety drivers in each Tesla? #2. Is Tesla's cyber cab still geofenced? #3. What makes anyone think this is a profitable service for Tesla at this stage or ever ? Uber runs at scale, has use cases that a Tesla cyber cab will never be able to do. There is room for both. There is no indication that Tesla's service will ever get off the ground in a profitable manner, at scale, that will be allowed.

Solbull

You won’t need to own a car and you will be happy.

Slubbles

Labour is a major cost in running each Uber. So when the safety driver is removed from Teslas, Uber won't be able to compete

CosmicYorkshire

Really feels like Tesla is on the brink of a major breakthrough 😀

RAV

Let’s goooooo!