Téo Taxi lays off its drivers
I guess I took my last Téo Taxi ride yesterday. Radio-Canada says the company’s drivers have been told not to come in Tuesday, and the company will make an announcement later in the day.
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Steve Q 09:41 on 2019-01-29 Permalink
Very sad. A company that wanted to do things better and it doesn’t seem to work. While major international companies who couldn’t care less about local, environmental or social issues seems to thrive. We have a problem !
Bill Binns 11:46 on 2019-01-29 Permalink
They made it 4 whole months after being unionized by the Teamsters.
Sad to see them go. They were the only Taxi company I have used for the last year or so. Great service to the airport. I wonder if all those Tesla’s are going to be auctioned off cheap?
SMD 12:21 on 2019-01-29 Permalink
In other words, no need for knee-jerk anti-union speculation. The hourly wage of 15$/h had already been set before the drivers unionized, and they hadn’t even started negotiating a collective agreement yet. I will miss taking their gull-winged Teslas to the airport, I have to say.
John B 15:02 on 2019-01-29 Permalink
Well, it was the union spokesperson that said that.
That said, it looks like the the fate was sealed a while ago.
I wonder if we’ll ever really see what the problems were. Was the $15/hour unsustainable with the revenue cap that taxi laws impose? Was it just too high-end, (with cleaning, leases, uniform costs, etc), for the amount that it could make?
Joey 16:51 on 2019-01-29 Permalink
I’m guessing buying a bunch of $100K+ cars that need to be recharged multiple times per day probably wasn’t a shrew decision, even if “ride a Tesla from the airport” has some novelty appeal.
John B 19:34 on 2019-01-29 Permalink
I’ve read other articles over the years about using Teslas as taxis and they have all said that the numbers work out. this guy in Quebec just passed 300,000 km on his Tesla taxi. Apparently taxis drive less than the range of a Tesla during a typical shift, stop & start city driving works pretty well on cars with regenerative braking, and electricity is way cheaper than gas. If that’s all true then Téo should make more by using Teslas vs. gas cars.
Maybe the problem is that they have too many Leafs and not enough Teslas.
Chris 22:16 on 2019-01-29 Permalink
As if Teo could compete against Uber!!!
Uber loses *billions* of dollars, i.e. riders are subsidized by Uber investors. Teo doesn’t have access to capital like that. I’m surprised they lasted this long.
Sure, some people like Teslas and well paid drivers, but 99% of people just want cheap rides.
JoeNotCharles 01:47 on 2019-01-30 Permalink
I wonder what’s going to happen to the app – you could order Diamond from it as well as Teo for a while now. Will that stick around?
david100 04:06 on 2019-01-30 Permalink
Real shame.