Self-driving technologies is proliferating, and that could be a threat to Uber‘s (UBER -.03%) small business. It does not have its personal self-driving technologies like competitors and would require to companion with somebody else to compete, which could place the firm at a major disadvantage. Travis Hoium covers the dynamic in the video beneath.
*Stock costs utilized had been finish-of-day costs of May possibly 19, 2023. The video was published on May possibly 22, 2023.
Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool’s board of directors. Travis Hoium has positions in Alphabet and Basic Motors. The Motley Fool has positions in and recommends Alphabet, Tesla, and Uber Technologies. The Motley Fool recommends Basic Motors and recommends the following selections: lengthy January 2025 $25 calls on Basic Motors. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and could be compensated for advertising its solutions. If you decide on to subscribe through their hyperlink they will earn some added funds that supports their channel. Their opinions stay their personal and are unaffected by The Motley Fool.