BROADCASTS.com

b"Tesla: an investment by an Auto OEM is more likely than an acquisition in our view.\\n\\nUber: There isn't a lot of operating leverage in Uber's business model. Our re-cast P&L details a 31% Gross Margin which makes it difficult to invest in technology that will result in a sustainable competitive advantage. UBER's P&L does not have much operating leverage. See UBER's June Q P&L with our commentary here: https://drive.google.com/file/d/1wxMz2Z71tzlAF-jqyHd0cSWWZ-cNS4T2/view?usp=sharing"