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They've invested untold billions into getting this to work and now they need to recoup their investment. They'll get "cheap" eventually, but don't hold your breath.



All it takes is one competitor in a hot space to get companies offering venture-subsidized prices, like we've seen when rideshare and delivery companies. And though the upfront investment may be huge, the price per trip can end up close to zero, unlike rideshares and delivery which have a much higher floor.

Not that there's any competitor that seems even close to Waymo.




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