19 Mar '16, 11am

Rumor: Uber Orders 100,000 Autonomous Cars From Mercedes

Certainly there it plenty of opportunity for the rumored deal between Uber and Mercedes to fall apart. Uber has yet to earn a dime in profit. Clearly if it could eliminate paying drivers, it would move a lot closer to operating in the black. But where it will get the money to buy $11 billion worth of cars is a question that has no answer at the moment. The lesson from all this rumor mongering is that if you are an Uber driver, you better have a Plan B in your back pocket.

Full article: http://gas2.org/2016/03/19/rumor-uber-orders-100000-auton...

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