If uber can consistently achieve the margins in q4 they’re fairly undervalued. Imo the key to ubers success is finding a way to consistently improve margins which can only be helped by ai. Assuming the company stays afloat I think they will eventually find a way to get this done.
They used aggressive tactics (and better technology) to beat the taxi companies at their own game and carve out a massive market share, (while operating at a loss which was subsidized by shareholders). Then they jacked up the price while shortchanging the drivers. Driving for Uber or Lyft is bad for you. In the long run you're lucky to do better than a minimum wage part time job. They lobbied aggressively against unions and treat their drivers badly. Companies like this are why people hate capitalism.
Uber is profitable because they're giving their drivers the shaft. They're just a middle man who takes a 40% cut. They're a bad company--not that you won't make money investing in them, but they are actually bad for society. If you're investing in Uber, you are part of the problem.
The drivers don't have to drive for Uber. They're not slaves, and are not entitled to anything beyond the stated contract between both parties. If Uber was "bad for society" then their competitors like Lyft, or a well-funded startup, could easily take their market share by just doing the opposite, or paying drivers more, and ride the "we are great for society" wave to crazy profits. That isn't happening, at all.
Attention all Uber Stock holders. Many uber drivers are making less than $2 per hour. It is not like last year. Think twice
I believe uber does freight broker stuff for semi's also.
In the long run how does Uber compete with Tesla?
They can't?
I'm shorting Uber while the contracts are still cheap.
If uber can consistently achieve the margins in q4 they’re fairly undervalued. Imo the key to ubers success is finding a way to consistently improve margins which can only be helped by ai. Assuming the company stays afloat I think they will eventually find a way to get this done.
You can buy Uber stock if you want to lose money. Uber is crashing .
For me Uber will go back to 40$… now investors are not trusting anymore after disappointing earnings
Attention all Uber Stock holders. Many uber drivers are making less than $2 per hour. It is not like last year. Think twice
Totally disagree, they provide a service through their app the driver's couldnt provide wihtout uber.
They used aggressive tactics (and better technology) to beat the taxi companies at their own game and carve out a massive market share, (while operating at a loss which was subsidized by shareholders). Then they jacked up the price while shortchanging the drivers. Driving for Uber or Lyft is bad for you. In the long run you're lucky to do better than a minimum wage part time job. They lobbied aggressively against unions and treat their drivers badly. Companies like this are why people hate capitalism.
Attention all Uber Stock holders. Many uber drivers are making less than $2 per hour. It is not like last year. Think twice
Buy GRAB instead.
Uber is profitable because they're giving their drivers the shaft. They're just a middle man who takes a 40% cut. They're a bad company--not that you won't make money investing in them, but they are actually bad for society. If you're investing in Uber, you are part of the problem.
They lost money
@@gimlee44222 how they lost money and i am as driver i paid 30k for new car fuel high insurance
The drivers don't have to drive for Uber. They're not slaves, and are not entitled to anything beyond the stated contract between both parties. If Uber was "bad for society" then their competitors like Lyft, or a well-funded startup, could easily take their market share by just doing the opposite, or paying drivers more, and ride the "we are great for society" wave to crazy profits. That isn't happening, at all.
@@JohnTurner313yes they are inherently slaves because they can’t do anything else
Uber takes 55-63%.
Tesla robotaxi will kill uber