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askARK Will Uber And Tesla Become Direct Competitors?
TeslaTesla(US:TSLA) ARK Investยท2025-08-19 14:15

So, we got a question if we think Uber and Tesla will be direct competitors as autonomous technology matures. The answer is yes. As robo taxi scales, it will directly compete with Uber's ride hailing model.And thanks to its vertically integrated manufacturing, we think Tesla could offer a lower cost per mile, undercutting Uber's pricing umbrella. But the important point to make here is that Robo Taxi represents a far greater opportunity than ride hailing, which accounts for only 3% of US vehicle miles trave ...