Lyft has announced a new policy to cap surge prices for frequent customers. By paying a monthly subscription fee of $5, customers are guaranteed consistent pricing. Lyft’s comparison to the airline industry overlooks a key difference: airlines own their vehicles. While the subscription model offers benefits to riders and potentially increases revenue for Lyft, it’s a savvy marketing move. However, Lyft seems to overlook the dual nature of its clientele: the riders who require the service and the drivers who provide it. The company’s strategy has been criticized for disproportionately benefiting corporate interests at the expense of drivers, who reportedly receive less than 50% of the total fare paid by riders.
The pressing question is how the market will react to Lyft’s operational model and its impact on driver compensation, especially with Lyft’s share price projected to reach as high as $171. While investment is fundamentally about profitability, it also encompasses the responsibility of holding corporations accountable for their practices.
UBER 
LYFT Big dump coming on Wednesday. Get ahead of it and sell and reenter if you think Uber will make it for the long haul. I doubt they will make it. I’m opening a larger short position. 5% of my portfolio on uber and Lyft. FSD will allow the consumer to take direct profits without the need of UBER or LYFT. Remember Uber and Lyft are only the middle man, the middle man always gets cut out. larger profits for FSD manufacturers and consumer that owns the vehicles. It’s a no brainer unless uber gets into the exclusive rights businesses with TSLA, which I doubt Tesla will sign off on that because there software is already there all they need to is add the feature for a ability for renter to summon a vehicle. Plus Tesla will just create a subscription for the service for the renter and owner and they will reek profits on that plus subscriptions for FSD. Then eventually Optimus will be doing the deliveries for food and packages.
