HomeIndustriesVehicles & TransportationUBER's 'Binary Bet' Against TSLA in Autonomous Driving Space

UBER's 'Binary Bet' Against TSLA in Autonomous Driving Space

Uber Technologies (UBER) has fallen 30% from its all-time high. LikeFolio's Landon Swan believes the plunge comes from investor concerns around Uber's future in the autonomous driving space, especially with Tesla's (TSLA) positioning in the robotaxi race. Landon says the company's stock can either skyrocket or slip to zero, depending on how it utilizes its customer base.

Fast Market

17 Dec 2024

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