Self-driving technologies is spreading, and that could pose a threat Uber‘s (UBER -.03%) organization. It does not have its personal self-driving technologies like its competitors and will have to companion with somebody else to compete, which could place the business at a massive disadvantage. Travis Hoium covers the dynamics in the video under.
*Stock rates utilised have been finish of day rates as of Could 19, 2023. Video posted on Could 22, 2023.
Suzanne Frei, CEO of Alphabet, is a member of The Motley Fool’s board of directors. Travis Hoium holds positions at 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 possibilities: $25 extended January calls on Basic Motors. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may perhaps obtain compensation for advertising his solutions. If you pick to subscribe by way of their hyperlink, they will earn further income supporting their channel. Their opinions stay their personal and are not influenced by the Colorful Fool.