How can Waymo compete with $Tesla Motors(TSLA)$ ? Even if they reduce the cost per vehicle to $50,000, that is only 20 vehicles versus 55 for $Tesla Motors(TSLA)$ per $1 million invested. If $Tesla Motors(TSLA)$ invests $1 billion in Cybercabs, that is 55,555 vehicles. If Waymo invests $1 billion in vehicles costing $50,000 each, it is just 20,000 vehicles. In other words, with the same fare per mile, $Tesla Motors(TSLA)$ generates 2.75 times more revenue per $1 million or billions invested. Game over.
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