$Uber(UBER)$ For the first tim

For the first time ever, public Uber (UBER) riders can now hail an autonomous ride, starting today in Las Vegas.

Uber has long talked about autonomous vehicles as key to its growth, first with founder Travis Kalanick and later with current CEO Dara Khosrowshahi. For its part, today's announcement is the result of Uber's partnership with autonomous vehicle company Motional, a team-up that was first announced by the two companies in October.

“Motional has proven themselves to be an industry leader, steadily and safely progressing autonomous technology towards a driverless future,” said Uber Global Head of Autonomous Mobility and Delivery Noah Zych in a statement. “We’re thrilled to take this next step together in Las Vegas, and look forward to continuing to integrate autonomous technologies into the Uber network to grow our business by providing customers with additional reliable, affordable and effortless transportation and delivery options.”

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Comments

jeffry09
2022-12-09
jeffry09
Uber could easily print between 9-14 billion dollars in net profit by early 2028. That equates to valuations for the company between 135 billion- 210 billion dollars. At a PE of 15 the shares would be valued between 81 dollars a share to 114 a share. Management is finally delivering on its promise to create synergies on its platform. I'm in for the long-term. GLTA.
XantheJuliana
2022-12-09
XantheJuliana
UBER had less than daily volume and have been selling off for the last three days.
fishinglo
2022-12-09
fishinglo
What's Uber's appeal at this price?
Chibichibi
2022-12-07
Chibichibi
👍
Keychain
2022-12-07
Keychain
Good
Mypek
2022-12-07
Mypek
Ok

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Uber has long talked about autonomous vehicles as key to its growth, first with founder Travis Kalanick and later with current CEO Dara Khosrowshahi. For its part, today's announcement is the result of Uber's partnership with autonomous vehicle company Motional, a team-up that was first announced by the two companies in October. “Motional has proven themselves to be an industry leader, steadily and safely progressing autonomous technology towards a driverless future,” said Uber Global Head of Autonomous Mobility and Delivery Noah Zych in a statement. “We’re thrilled to take this next step together in Las Vegas, and look forward to continuing to integrate autonomous technologies into the Uber network to grow our business by providing customers with additional reliable, affordable and effortless transportation and delivery options.”</body></html>","htmlText":"<html><head></head><body><a href=\"https://ttm.financial/S/UBER\">$Uber(UBER)$&nbsp;</a> For the first time ever, public Uber (UBER) riders can now hail an autonomous ride, starting today in Las Vegas. 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