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?
> 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?
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..
Examining the cumulative hours waiting over time, it is a bit staggering just how much time Waymos are spending without a passenger or even assigned to pick one up. Peaking in March 2025 with over 304,000 hours, the California Waymo vehicle fleet is spending the equivalent of 12,700 days every month operational but without an assigned passenger trip.
If we assume 1,000 Waymos were deployed for public rides during this period (on the conservative side given recent fleet announcements), that ends up being around 12.7 days2 of waiting per vehicle per month. Further, the bias here is to be forgiving, as Waymos are not operational 24 hours a day.
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.
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 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.
xnx|1 month ago
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
apelapan|1 month ago
xnx|1 month ago
Compared to what? Most estimates put costs around $150K/vehicle and dropping.
jaimex2|1 month ago
Jblx2|1 month ago
flutas|1 month ago
RationPhantoms|1 month ago
They're, in my customer impression, quite a world different.
seanmcdirmid|1 month ago
haunter|1 month ago
Not that I disagree but it's never gonna happen. more money > money
lithocarpus|1 month ago
jen20|1 month ago