Still can't believe the prices are comparable to Uber, sometimes costing even more. It should be significantly less to the point it drives Uber out of business. Is Waymo close to bankruptcy, unable to be profitable, or are they just greedy?
Are there indications that Waymo vehicles are sitting around idle? If so, then yes, they should reduce the price to attract customers. If they are essentially running at capacity with their current prices, why wouldn't they charge more? For the novelty, etc..
The cars are extremely expensive and they have a 100 billion investment to recoup. I assume they are still losing money on each ride.
I assume that's simply a calculation they do of how much their revenue will change if they adjust the prices up or down. Until it makes financial sense to lower prices, they can wait on trying to capture the market. I would guess they're working on making the cars and equipment cheaper before massively scaling up.
Waymo can easily charge a premium for not having a driver in the seat. Privacy and physical security guaranteed? Also not dealing with the moral implications of what the driver is receiving in terms of compensation (or in the case of uber, not).
They're, in my customer impression, quite a world different.
Having feared death in a Uber one too many times, I would definitely pay a premium over Uber for a waymo.
Waymo is annoying only _available_ through Uber in some cities - notably Austin. Even more annoyingly, you can't choose whether you want to accept human drivers or just Waymo vehicles.
> It should be significantly less to the point it drives Uber out of business.
Prices are rarely based on cost, and more often based on what a customer is willing to pay. Waymo is a better experience than Uber (predictable, safe, clean, quiet, etc.), so it makes sense people would be willing to pay more.
> Is Waymo close to bankruptcy, unable to be profitable, or are they just greedy?
No x 3