Uber CEO Says He’d Buy 500k Self-Driving Cars From Tesla Motors

Re:Uber CEO Says He’d Buy 500k Self-Driving Cars From Tesla ... by bagels on Friday June 26, 2015 @11:30AM (#9785181)

At $30,000 each, that's 15 billion in cost. That's a lot of money to raise for depreciating assets.

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Re:Uber CEO Says He’d Buy 500k Self-Driving Cars From Tesla ... by jonknee on Friday June 26, 2015 @11:54AM (#9785443)

They would finance the vehicles and pay for them with the revenue they produce. Rental cars are actually a pretty good case of this for conventional vehicles.

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Re:Uber CEO Says He’d Buy 500k Self-Driving Cars From Tesla ... by krschultz on Friday June 26, 2015 @11:44AM (#9785325)

However that is pretty typical for industries other than software. Usually you need factories or raw materials or buildings or inventory. All of these things are expensive and depreciate. Software is the outlier.

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Re:Uber CEO Says He’d Buy 500k Self-Driving Cars From Tesla ... by chrisper on Friday June 26, 2015 @11:35AM (#9785229)

Pretty sure it would be leased. Also aren't depreciating assets "good" for taxes?

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