Gerstner believes robotaxis pose a fundamental risk to Uber's business model.
“I I I think this does pose a risk fundamentally to the Uber business model.”
Gerstner estimates robotaxi revenue per car drops from $140K to $100K due to increased supply lowering prices despite more rides.
“When you do that in self driving, we think it goes down to about a 100,000. Why? Well, you have actually more rides in the self driven car.”