Part 5/12:
Market Inefficiencies: Wimo’s prices spike dramatically during peak hours, with per-kilometer rates soaring to $28, or roughly $30 per mile, during rush hours. Conversely, Uber and Lyft manage to keep demand elasticity more stable, but Wimo’s pricing volatility indicates a less mature or less efficient operational model.
Implications for Tesla: The roughly 6x cost difference between Tesla’s potential autonomous fleet and these traditional ride-sharing services underscores Tesla's advantage in scalability and cost-efficiency—assuming technological hurdles are overcome. Automated cleaning, charging, and maintenance add further cost advantages in Tesla's favor.