If Uber raises prices 50% in California, will you still use them?
Judge orders Uber/Lyft to reclassify drivers as employees. While we think this will be good for drivers [they might make a living doing it, instead of barely more than breaking even], there is no doubt it will cost more, much more. Since Uber doesn't actually make money, it is plain that fares would have to rise substantially. 50% is my guess ... so if that Uber ride across town costs 50 percent more than now, will you still use them? [of course, this is just until they have driverless cars in 5 to 10 years -- then fares will plunge again.]
- FoofaLv 72 months ago
Uber has already said that unless AB5 is overturned or a carveout provided that it will cease operations in California. Hello, more DUIs and alcohol related car accidents.