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Musk has previously said Tesla would create its own ride-hailing platform — a cross between Uber and Airbnb apps — for riders to call a driverless car. ... Uber's stock plunged 10% after Waymo ...
Elon Musk has big plans for Tesla's Robotaxi, which could disrupt the ride-hailing economy. ... "We believe this helps minimize the ongoing overhang on UBER's stock from TSLA's aspirations in the ...
Uber has pulled back on efforts to develop its autonomous-driving tech, notably selling its Advanced Technologies Group to Aurora in 2020, and has shifted focus to partnerships with autonomous ...
That's why Uber stock was down 7% as of 10:20 a.m. ET. The bookings outlook didn't satisfy investors To truly have a handle on Uber's business, investors need to understand its gross bookings.
Shares of Uber Technologies (NYSE: UBER) were moving higher for the second day in a row, seemingly in response to billionaire Bill Ackman's announcement that he has invested more than $2 billion ...
Analysts see Tesla's entry into ride-hailing as a possible long-term threat to Uber and Lyft. But it could also be an opportunity to partner. Elon Musk is about to reveal Tesla's robotaxi.