This is really worrying for Uber. It's supposedly burning 2 billion dollars a year. It doesn't own any fleet of vehicles or it's drivers. Neither is there a sustainable cost savings that doesn't involve lighting pile of cash on fire. It desperately needs driverless cars before Tesla and Google kills their business off. Now Uber has finally hit a regulatory wall which it won't be able to pay off. It's likely to hit mo…
Uber have the ear of the president-elect. That's worth quite a lot in terms of being able to ignore regulations.