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Rideshare is supposed to be the industry autonomy destroys. David Risher, chief executive of Lyft, says the opposite: a massive dislocation is a huge tailwind when people already love the product, and his company owns the ride volume, the fleet management and the Waymo experience to meet it. He puts a number on the timeline too, and it is further out than the headlines suggest. Steve Sosnick of Interactive Brokers presses him on whether riders are trading down to the subway, and Adam Shapiro asks where the growth actually comes from.
Featuring
David Risher, Chief Executive Officer, Lyft
Steve Sosnick, Chief Strategist, Interactive Brokers
Pras Subramanian, Senior Autos Reporter, Yahoo Finance
Adam Shapiro, Yahoo Finance
Timestamps
0:00 What investors are missing
1:13 Self-driving is the biggest gift he could have been given
2:47 Up, out and forward
3:58 Are riders trading down
6:24 What autonomy is actually worth by 2030
Watch the full episode of The 8:30:
#Lyft #SelfDrivingCars #Robotaxis #The830 #YahooFinance
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