system
A chat on subreddit /r/wallstreetbets
human
The majority of their cost are variable indeed but you're not accounting for the fact the majority of their cost comes from subsidies right now which they'll cut off in the long run making rides profitable and still cheaper than traditional cabs.

gpt
Are you talking about their debt payments when you say subsidies? As in, once they go public they will use the cash to pay off debt which won't be as much of a recurring expense on their P&amp;L and offset the $1 per ride loss average?