Let me see. 2 million passengers * maybe $30 (benefit of doubt) is $60 million. Hey, 60M is not nothing, and Tesla isn't selling the service as yet, so there is not significant revenue.
OTOH, Tesla can scale quickly and at lower cost. Meaning it can either (a) undercut charges of WayMo, or (b) perhaps generate more profit per ride instead.
Certainly, over a 2-3 year period, it is clear that Tesla has a significant advantage provided FSD performs as well or better than WayMo, which it seems is apparently the case.
It looks like an unfair matchup.
- Both have functional self driving, but Tesla is more functional than WayMo.
- Both have factories producing cars, but Tesla can do it faster, cheaper & better by a wide margin.
- Tesla's self driving is far less expensive than WayMo's.
- As far as we know, Tesla's self-driving is far more versatile.
- Tesla's task in moving into a new area requires no gen-fencing.
- The Tesla production line can turn out at least 1 robotaxi a minute, and the suggestion of one every few seconds isn't out of the realm of possibility.
- Tesla has in place a facility for maintenance in major cities.
Longer term, the personal ownership aspect will become very important.
There are just a lot of advantages to Tesla in this race which WayMo will be disadvantaged by. |
