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by nearbuy 8 days ago
$100 per month is way, way too cheap for unlimited rides. That's about 10x cheaper than the amortized monthly cost for owning an average car, without the headache of doing maintenance. They'd be losing a ton of money on each subscriber.
1 comments

Yes and most people use their car for around 2% of the time they own it. The rest of the time it’s parked up.
That's not a reason for Waymo to give rides at a major loss. Heavy users are the ones that are going to buy the unlimited package. If you do just one average trip per day (there and back), at about $20 per ride, their regular price will cost you about $1200/month. A heavy user might use several times that. Do you think Waymo currently has 10-20x profit margins? If they're were able to drop their price by that much, they could also afford to drop their non-subscription price by 10x and take over the taxi/rideshare market.