Tesla market cap accounting semi proven self driving technology and proven cars is $30B. Lyft is $5.5B valuation.
Dumb money
semi self driving car is useless as far as car hiring business is concerned. can you assemble a feet of Tesla cars to drive round without someone sitting in the driver seat? so are they a threat to Uber? hell no.
Have you seen one of their latest videos? They can
@31337, yet Tesla stock price barely moved, what should I believe, PR video from Tesla or billions of $s betting on it? complete self driving car will remain a slideware of silicone valley for many years to come. I bet that, 2 years from now, people will stop talking about it. Google glass, anyone?
It's > 60b
rofl, cannot wait till Saudi prince valuation meets market valuation and uber gets valued properly. Will make the rest of us very wealthy in several years of this private valuation keeps up!
Tesla outsourced self driving tech to an Isreali company btw
seriously? source?
Their system is provided by MobileEye
once fully automated cars come out the manufacturers will just run their own fleets. They already have infra to maintain the cars all over.
is uber in better position than Google?
Uber is worth 20b tops
You clearly don't attend quarterly cfo meetings, look at internal data website, etc. that's all I can say here....
wait it's $70B now
Please read this very relevant blog post from 2014 http://abovethecrowd.com/2014/07/11/how-to-miss-by-a-mile-an-alternative-look-at-ubers-potential-market-size/
lol, just talking his book
It does not.
Stop being a detractor
Here is my reasoning. Uber had $62.5bn valuation while it was still in China and Chinese market was presenting an immense opportunity. The hopes that it would prevail in China were already factored into $62.5bn. Now, Uber is out of China, we have to discount anything China related sentiments from valuation. Meanwhile, Uber only invested by dumb money, in the last round, saudi's invested at the $62.5 valuation, which may be peak.