Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

Lyft

Market Insanity

Uber Banned Again

We need to ask ourselves what sort of future companies like Uber have. If they cannot comply with a few basic regulations and make money, then their business model is not viable. Perhaps it is time we scrapped this ridesharing concept or took it back to the drawing board.

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Long Ideas

GM’s Chevy Bolt the First Car Built for Ride Sharing

That means GM will have to get the base price of an electric vehicle down to around $25,000 to be competitive in the ridesharing market. If it did that, General Motors could become the market leader based on fuel economy alone.

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