http://mashable.com/2015/08/07/elon-musk-uber-silence/
Two days ago Elon Musk was asked about his ties with uber. He responded with silence.
Now what was he thinking?? My assumption is, why would I need uber, I have the resources to create my own app. I have the cars that they want, I can maintenance them cheaper than uber. Why would I need uber. The answer to his thoughts is very simple. He has no tie to uber, he doesn't need them, uber is a silly app that can be created by the correct team of engineers in a couple of weeks
Based on this assumption, I have pondered more about the idea of ubers future.
If tesla can create an app, then so can ford, gm, Chrysler, Toyota, Nissan, etc. so why would these car companies that can create self driving cars need uber? The answer is simple, they don't.
Whoever the analyst are that gave uber a $50 billion dollar valuation are idiots. Do you think the automakers are going to cut uber in on something that they don't need a 'partner' for?
The fact is the auto industry is leaps and bounds in front of uber. Uber has nothing, no capital, just running at negative revenue.
Even google, they use lexus' vehicles. None of these apps have the facilities to mass produce enough vehicles to satisfy the requirements of society.
My money is on the auto industry. Uber, Lyft, side car, they all claim driverless cars. Even colonick states get rid of the driver and we can save you money. Guess what Travis, the automakers are saying get rid of uber and we can make the ride even cheaper. Seems that Travis' own words are coming back to haunt him.
All these apps can develop their own driverless cars, but who's going to manufacture them? None of them have the facilities to do so. By the time they get the facilities to do it, the automakers will be in the market with their own solutions/apps
Seeing the numbers that were released through an uber leak, they can't IPO, no one would invest. There headed 90 miles per hour down a dead end street
All of the uber drivers, both former and current will have our day. We will watch jack ass Travis' and his egotism go down in a ball of flame.
Everyone realizes why they keep reducing rates on an uber ride? It's because their liquid burn rate. They were trying to squeeze more money out of the economy because they are overspending.
Free ride credits, free food, free everything. They keep giving away money. Will they be able to recover from it. My belief, no way in hell
They have given away to many freebies and the profit they do make isn't enough to sustain the company.
For a company that has no capital equipment and there only overhead is really office rent and salaries they are burning through it faster than they can make it.
Eventually the seed money is gone. There's only so many billion the banks are going to give you once the news comes out, tesla has their own app and there is no need for uber.
Travis wants to buy a bunch of tesla's but will Elon sell them to him or just launch his own app?
Anyone with money vested in uber should pull out and fast. There is no way the auto industry is going to give control to a joke of a tech company that can't even go one day without the app crashing.
How many business' out there, that have been around for 5 years still has so many technical issues? This is what happens when you let children run a business.
Take heart all, our day is coming. Travis will go down. Because we are just drivers and he's just an ass, I mean app.
And, you all know why the auto industry is going to kick uber to the curb 'because they can'
Two days ago Elon Musk was asked about his ties with uber. He responded with silence.
Now what was he thinking?? My assumption is, why would I need uber, I have the resources to create my own app. I have the cars that they want, I can maintenance them cheaper than uber. Why would I need uber. The answer to his thoughts is very simple. He has no tie to uber, he doesn't need them, uber is a silly app that can be created by the correct team of engineers in a couple of weeks
Based on this assumption, I have pondered more about the idea of ubers future.
If tesla can create an app, then so can ford, gm, Chrysler, Toyota, Nissan, etc. so why would these car companies that can create self driving cars need uber? The answer is simple, they don't.
Whoever the analyst are that gave uber a $50 billion dollar valuation are idiots. Do you think the automakers are going to cut uber in on something that they don't need a 'partner' for?
The fact is the auto industry is leaps and bounds in front of uber. Uber has nothing, no capital, just running at negative revenue.
Even google, they use lexus' vehicles. None of these apps have the facilities to mass produce enough vehicles to satisfy the requirements of society.
My money is on the auto industry. Uber, Lyft, side car, they all claim driverless cars. Even colonick states get rid of the driver and we can save you money. Guess what Travis, the automakers are saying get rid of uber and we can make the ride even cheaper. Seems that Travis' own words are coming back to haunt him.
All these apps can develop their own driverless cars, but who's going to manufacture them? None of them have the facilities to do so. By the time they get the facilities to do it, the automakers will be in the market with their own solutions/apps
Seeing the numbers that were released through an uber leak, they can't IPO, no one would invest. There headed 90 miles per hour down a dead end street
All of the uber drivers, both former and current will have our day. We will watch jack ass Travis' and his egotism go down in a ball of flame.
Everyone realizes why they keep reducing rates on an uber ride? It's because their liquid burn rate. They were trying to squeeze more money out of the economy because they are overspending.
Free ride credits, free food, free everything. They keep giving away money. Will they be able to recover from it. My belief, no way in hell
They have given away to many freebies and the profit they do make isn't enough to sustain the company.
For a company that has no capital equipment and there only overhead is really office rent and salaries they are burning through it faster than they can make it.
Eventually the seed money is gone. There's only so many billion the banks are going to give you once the news comes out, tesla has their own app and there is no need for uber.
Travis wants to buy a bunch of tesla's but will Elon sell them to him or just launch his own app?
Anyone with money vested in uber should pull out and fast. There is no way the auto industry is going to give control to a joke of a tech company that can't even go one day without the app crashing.
How many business' out there, that have been around for 5 years still has so many technical issues? This is what happens when you let children run a business.
Take heart all, our day is coming. Travis will go down. Because we are just drivers and he's just an ass, I mean app.
And, you all know why the auto industry is going to kick uber to the curb 'because they can'
