Each morning, Axel de Tarlé decrypts one of the most important economic news of the day.

Cold shower for the giant Uber. Barely introduced on the stock market, its share has declined by 7%.

For its first day trading on Wall Street, the giant VTC Uber has lost more than five billion dollars in stock market value.
Wall Street knows how to count and Uber's accounts are not famous. The company loses $ 1 billion a quarter, has never made any money, and worse, Uber trumpets that it plans to continue to lose money because it is in the investment phase.
In short, Uber is a chasm.

On Wall Street, analysts evaluate the model. What do they find?

Uber is in latent conflict with his drivers, his forces!
Two days before the introduction, the Uber drivers also went on strike to protest and denounce the precariousness of their working conditions.
Uber is also in latent conflict with the authorities, town halls and municipalities. Why ? Uber is accused of creating traffic jams.
In fact, with Uber, locals abandon public transit and move in single cars with drivers waiting for you along sidewalks. Of course, it creates plugs. In San Francisco, there is a 62% increase in traffic jams in six years.
To sum up, Uber is corks, strikes and losses. It is still necessary to have the heart well hooked to invest in Uber!

Uber has no future? All of this is going to end badly?

Not necessarily because the company is working on solutions such as a clean, self-driving, self-driving car that runs on its own.
Uber also extends its offer with meal delivery and it may end up paying, it's a gamble.
This is also the merit of Wall Street financiers who are able to take bets and support loss-making companies in the long term. This is the story of Amazon, Tesla ...
Of course, in Europe, Uber or Tesla would have gone bankrupt for a long time. That's the magic of America, the country of the "possible" that sometimes succeeds.
Amazon (after losing billions for years) has become the world's first company.

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