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Uber's market cap fell to ~$150B, down ~25% in six months, as investors weigh robotaxi disruption, perceiving it as a two-horse race between Waymo and Tesla (Dan Gallagher/Wall Street Journal) from Techmeme RSS feed.
Uber's market cap fell to ~$150B, down ~25% in six months, as investors weigh robotaxi disruption, perceiving it as a two-horse race between Waymo and Tesla (Dan Gallagher/Wall Street Journal)
Dan Gallagher / Wall Street Journal:
Uber's market cap fell to ~$150B, down ~25% in six months, as investors weigh robotaxi disruption, perceiving it as a two-horse race between Waymo and Tesla — Waymo's momentum is undeniable, but Uber's scale is being undervalued in AI-driven selloff — Uber can't seem to emerge from the shadow of what's to come.