"So, more and more news is coming out that's suggesting that there is a lot of upside for Uber with driverless car technology, but that wasn't the case starting 2025. There was so much fear surrounding Uber about how Tesla was going to develop its driverless car technology. And since Tesla was going at it alone, not partnering with anyone, it was going to take a lot of market share away from Uber. The odds are more likely that Uber harnesses the technology and moves forward incorporating driverless cars into its fleet and serving its customers. Remember, it has over 150 million monthly active platform customers."
The speaker believes that despite previous fears about Tesla's independent driverless initiatives, Uber is poised to benefit from integrating driverless technology. This integration could reduce costs related to driver payouts and leverage its massive user base to drive future growth.
Huge News for Uber Stock and Nvidia Stock Investors as Companies Partner on Driverless Technology
Parkev Tatevosian, CFA
October 29, 2025
Company Opinion