mansoor_
Joined 8 years ago
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Nov 14
Joined 8 years ago
I'll help you out since you don't read, a normal P/E is 20-30. To say it is not a great financial investment is unequivocal. It is effectively a write-off for the foreseeable future.
But that is not to say you shouldn't invest in difficult problems and try to solve them, even if they don't make money. This is one of them. I hope people do the same for other challenging problems.
Yeah, they don't pay drivers, but their cars' hardware costs mean that they won't break even with human-driven taxis for quite some time (unless they manage to decentralise the computing).
To put some rough numbers to this, the sensor set in each car, is probably ~$75K (was initially $150K).