Pricing, Tesla Accidents and Travis Kalanick Podcast By cover art

Pricing, Tesla Accidents and Travis Kalanick

Pricing, Tesla Accidents and Travis Kalanick

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 New pricing punishes drivers, Tesla's bumpy start and Travis returns. LegalRideshare breaks it down. STUDY: NEW PRICING HURTS DRIVERS Uber's new dynamic pricing is hurting drivers. The Guardian reported: Research by academics at New York's Columbia Business School concluded that the Silicon Valley company had implemented “algorithmic price discrimination” that had raised “rider fares and cut driver pay on billions of … trips, systematically, selectively, and opaquely”. The Columbia paper, which focused on 24,532 trips made by a single US Uber driver, concluded that the introduction of the new algorithm had allowed Uber to “significantly increase its take rate — the per cent of rider fares net of driver pay captured by the company — from about 32% at the start of upfront pricing to upwards of 42% by the end of 2024”. Last week's University of Oxford research found that, since the launch of dynamic pricing, Uber's median take rate per UK driver had “increased from 25% to 29%, and on some trips … is over 50%”. TELSA'S MISHAPS Telsa's robotaxis are off to a bumpy start. The Verge reported: Some are relatively minor, like failing to recognize a reversing UPS truck while trying to pull into a parking space or driving over a curb. Others are more worrisome, like briefly driving on the wrong side of the road or dropping passengers off in the middle of a busy intersection. Several incidents involve “phantom braking,” in which the vehicle stops suddenly for seemingly no reason. Tesla's camera-only perception system has long had problems with phantom braking, appearing to misinterpret shadows, road marking, or other environmental factors, which triggers the vehicle's automatic emergency braking. The Reddit list includes three incidents of phantom braking. But the above list suggests that not everyone's experience was so seamless. Also, the only way we know about any of these incidents is because robotaxi customers are documenting their rides and posting them on social media. Texas doesn't require any incident reporting or data sharing from Tesla — though the state did recently approve a new permitting system that could prove to be more difficult for the company to navigate. One provision allows state regulators to revoke permits if a company's autonomous vehicles are deemed a safety risk. Keep in mind, these are the incidents that cropped up among a small fleet of 10–20 vehicles in just three days of semi-public availability. Musk has said he wants thousands of vehicles on the road within months, and perhaps “a million” by the end of next year. Imagine what the list looks like at that point. UBER IN TALKS WITH TRAVIS KALANICK Photograph: Danish Siddiqui/Reuters Travis returns to Uber…sorta. NY Times reported: Uber is in talks with Travis Kalanick, the ride-hailing company's co-founder who was ousted in a boardroom coup eight years ago this month, to help fund his acquisition of the U.S. subsidiary of a Chinese autonomous vehicle company, two people with knowledge of the matter said. The company, Pony.ai, was founded in Silicon Valley in 2016 but has its main presence in China, and has permits to operate robot taxis and trucks in the United States and China. The talks are preliminary, said the people, who were not authorized to speak about the confidential conversations. Mr. Kalanick will run Pony if the deal is completed, they said. It is unclear what role, if any, Uber would take in Pony as an investor. If the deal goes through, Mr. Kalanick, 48, will remain in his day job running CloudKitchens, a virtual restaurant start-up that he founded after leaving Uber in 2017. He would also work more closely with Dara Khosrowshahi, who took over as Uber's chief executive after Mr. Kalanick's ouster.
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