Uber highlights autonomous vehicle efforts with Tesla in its rearview mirror
Uber(UBER) TechCrunch·2024-08-06 12:20
Uber reported strong second-quarter results, with gross bookings and net profit both up by a decent margin. But the company instead chose to highlight the success of its autonomous vehicle effort — likely to assuage investors concerned about incoming competition from Tesla, which aims to reveal its first robotaxi in October. Uber said in its second-quarter results statement that the number of trips performed by autonomous vehicles rose 6x from a year earlier – up from what the company didn't say. And, the f ...