Uber must turn over information about its acquisition of Otto to Waymo
Uber&#x27;s self-driving system doesn&#x27;t actually have to work beyond the demo level. It&#x27;s mostly to pump up the company&#x27;s valuation.  Uber is losing money, and unless they find another sucker within a year, they&#x27;re toast. They&#x27;ve already had to borrow on unfavorable terms.[1]<p>Operating a fleet of self-driving cars may turn out to be a lousy business. Uber&#x27;s business model is built around others buying the cars, maintaining them, replacing them, and doing all the hard work. All Uber does is run an app.<p>Running a fleet of self-driving cars is running a car rental company.  The company will have to buy the cars, maintain the cars, fuel or charge the cars, and obtain parking lots for storing the cars.  They also have to figure out what to do with the used cars after a few years.  Car rental companies turn over their fleets in a year or two, and are big sellers of used cars.<p>It&#x27;s more likely that car rental companies will get into self driving than that Uber will get into car rental by the trip.<p>[1] <a href="https:&#x2F;&#x2F;www.crunchbase.com&#x2F;organization&#x2F;uber&#x2F;funding-rounds" rel="nofollow">https:&#x2F;&#x2F;www.crunchbase.com&#x2F;organization&#x2F;uber&#x2F;funding-rounds</a>