Watch Out Uber, This Technologies Could Make You Obsolete

Self-driving technologies is proliferating, and that could be a threat to Uber‘s (UBER -.03%) company. It does not have its personal self-driving technologies like competitors and would need to have to companion with an individual else to compete, which may perhaps place the firm at a significant disadvantage. Travis Hoium covers the dynamic in the video beneath. 

*Stock rates applied have been finish-of-day rates of May well 19, 2023. The video was published on May well 22, 2023.

Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool’s board of directors. Travis Hoium has positions in Alphabet and Common Motors. The Motley Fool has positions in and recommends Alphabet, Tesla, and Uber Technologies. The Motley Fool recommends Common Motors and recommends the following choices: extended January 2025 $25 calls on Common Motors. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may perhaps be compensated for advertising its solutions. If you decide on to subscribe through their hyperlink they will earn some added dollars that supports their channel. Their opinions stay their personal and are unaffected by The Motley Fool.