Uber CEO Dara Khosrowshahi Sees A 'Hybrid Future' Of Robotaxis And Human Drivers, Says AVs On Its Platform Can Make More Money - Uber Technologies (NYSE:UBER)

Core Insights - Uber Technologies Inc. is focusing on a hybrid future that integrates human drivers and autonomous vehicles into a single marketplace, enhancing flexibility and efficiency [2] - The partnership with Waymo is performing well operationally, particularly in the Austin region, as Uber transitions to a hybrid network [2] - CEO Dara Khosrowshahi expressed confidence that Level 4 Autonomous Vehicles (AVs) can generate higher revenue per vehicle per day compared to non-autonomous vehicles on the Uber platform [3] Financial Performance - Uber reported a revenue of $13.47 billion for the third quarter, reflecting a 20% year-over-year growth and surpassing market expectations of $13.28 billion [4] - The adjusted Earnings Per Share (EPS) was 81 cents, exceeding the analyst consensus of 69 cents [4] Strategic Partnerships - Uber has announced a partnership with Nvidia Corp to deploy over 100,000 Robotaxis in major cities by 2027, utilizing Nvidia's autonomous hardware and software [5] Future Outlook - Khosrowshahi predicts that most vehicles on the road will become autonomous within the next 20-plus years, likening driving to a leisurely activity [6]