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Re:Uber Founder Travis Kalanick Resigns as C.E.O. by bildung on Wednesday June 21, 2017 @04:08AM (#14601840)
Uber hasn't been able to show a single GAAP-profitable market anywhere, including cities in the US. Rates would have to be more than 100% higher just to archive break even. Scale economics of that magnitude are unheard of with physical products. Self-driving is essentially just a media stunt for them, just like amazons drone delivery news that pop up every year just before christmas.

Just look at the numbers in this article[1] - they need scale economics of two times the cost of the driver of the cab to archive GAAP profitability, which, obviously, is impossible even with self-driving.

[1] http://www.nakedcapitalism.com/2016/11/can-uber-ever-deliver...

Re:Uber Founder Travis Kalanick Resigns as C.E.O. by codecamper on Wednesday June 21, 2017 @04:58AM (#14602104)
GAAP profit? Who can show that??