[Atom guy]

Upfront pricing came to help us realize that we don’t make any money. How can you make money if you do a trip of 84 minutes 31 mile and only getting paid $38.28. This is insane. Pricing should be based on traffic also. Come on Uber! w View attachment 679821

That's $27/hour and $1.19/mile.

 

[Atom guy]

Are you getting any quests?
Last weekend I got an additional $605 for 80 trips
That's where the money is now
People w long trips can suck my butt
And it's all on uber 😉
Maybe if someone could get the bad parts
of upfront pricing (pay cut) and long trips
not getting picked up to go viral
uber would do something about it

My top Quest this week is 70 trips for $40. Not $400. $40

 

[Atom guy]

DIVIDED BY TWO... YOU HAVE TO COME BACK

That's the real problem with an 84 minute trip. That's what would make me decline it

 

[Atom guy]

So, third party operators will be working for free?
Who will be funding them? I'm curious to know.

They will operate like Amazon does. 3rd party companies that buy the trucks on their own dime, but agree to abide by Amazon's rules. But in the end those companies don't make any money and end up closing down, and a new one pops up in its place. You'll have businesses start up and try to run fleets of autonomous cars, and Uber will slowly squeeze the profit right out of it so they barely make anything. Kinda like now, but with fewer humans.

 

[Atom guy]

If you think maintenance is going to be a big factor for them on electric cars, you trying to live in some alternate fantasy reality,

A car without a driver a car where the total passenger fare is going to be paid to the company, a car that never has to pull over and rest not even for a minute not to make a phone call not to even go to the bathroom, a continuous money maker and you think cost of maintenance is going to be an issue.

The upfront cost to buy all those cars, coupled with the remaining need for humans to remote monitor them, clean them, plug them in to charge etc are very real costs. Then also factor in future repair costs that we already deal with. My EV can go about 7-8 hours on a charge, then I need to make a special trip either home, or to a public charger somewhere. So if you think one car is going to run continuously 24/7, then it's going to need to stop at least twice a day and drive to the nearest charging station where I'd assume Uber would have a human waiting there to clean the car. What happens when a passenger gets in and see a mess, and alerts Uber? Now the car stops and makes an unscheduled trip back to it's human to get cleaned. How much time does that waste?

 

[Atom guy]

On average how much money do you think one car without a human driver could generate per hour for the company, and remember the company is getting the full fare,

For fun let's say the car could only be in service 16 hours a day because as you say it needs to be cleaned and service and let's say the car could make for the company 80 bucks an hour and I think I'm even being conservative with that figure,

$80 per hour at 16 hours per day, 7 days a week
1 month is 4.33 x one week
= 484.96 hours x $80.00 = $38,796.80 per month

$60 per hour would = 29,097.60 per month

I guess every market has different economics. I made $820 last week in 37.5 hours, so if Uber takes 40%, that means my total fares was about $1360.

$1360 x 16 x 7 x 4.3 = $17,500. Wildly different than your numbers. Now subtract out all the costs.