This pricing model mirrors current ride-hail companies, while enabling Tesla to capture the lion’s share of the revenue, according to Keeney. The real reason Uber rides have become suddenly more expensive may be because its struggling to make two plus two equal five. To use Fare Estimate, simply enter your starting point and final destination, and we will calculate and compare the cost of Lyft and Uber for you. You can easily search real-time prices between Uber and Lyft whenever you need a ride. Some, including Uber executives, believe that surge pricing. Used to be me 800 paychecks and spending. “Autonomous ride-hail operators should be able to curtail execution costs, importantly, the cost of finding a good driver,” the analyst wrote, adding that this would be akin to how Zillow eliminates search costs, Airbnb ensures fair transaction costs and Amazon eliminates distribution costs.īy leveraging its self-driving technology and compensating vehicle owners at competitive rates, Tesla could charge passengers around $2 or more per mile. Compare Estimates Find the cost for taking any Lyft or Uber ride with our ride share estimates. It's called surge pricing, and it is sure to skyrocket in busy areas when rides are in demand. How Do Uber Prices WorkMost estimates claim that an Uber ride will cost between 1 and 2 per mile on average. The previous estimate of a 60% take rate - still higher than Uber Technologies UBER and Lyft Inc‘s LYFT 20-30% - was reconsidered due to factors such as improved safety and operational efficiencies in autonomous vehicles, according to Keeney.
What Happened: Ark analyst Tasha Keeney suggested that Tesla’s platform fees could command a staggering 80-90% of the gross revenues from autonomous ride-hailing. According to an analysis by Cathie Wood-led Ark Investment Management, EV giant Tesla Inc’s TSLA potential platform fees in autonomous ride-hailing could be much higher than previously estimated.
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