[harpastum]

As crazy as it sounds, they might not actually go bankrupt even if they continue to lose hundreds of millions per year. They've received $11.5B in total funding. They've averaged $1.6B in funding per year of operation and $4.65B in the last 3 months.

It's likely that they're actually building up a war chest at this point, getting ready for extra spending on self-driving cars.

[sdenton4]

According to the article, their world wide loss for the first HALF of 2016 is $1.2 billion. So $1.6B per year ain't gonna cut it at the current burn rate.

[dragonwriter]

OTOH, $4.65B per 3 months more than suffices...

But at some point there's got to be a limit to the tolerance of investors.

[kamaal]

>>It's likely that they're actually building up a war chest at this point, getting ready for extra spending on self-driving cars.

They are waiting for self driving cars to arrive. Not building it themselves.

Once someone does all the hardwork, they just want to buy and use them.

Not going to happen any time soon.