When theres no other dude in the car, the cost of taking an Uber anywhere becomes cheaper than owning a vehicle. So the magic there is, you basically bring the cost below the cost of ownership for everybody, and then car ownership goes away.
Travis KalanickOur whole goal is to drive the cost of taking an Uber BELOW the cost of owning a car.
Travis KalanickThe regulatory systems in place disincentive innovation. It's intense to fight the red tape.
Travis Kalanick