Uber Technologies Watchlist

tz-plus logo Uber: Analysts believe concerns about negative impacts from robotaxis are exaggerated - 40% potential!

J. Meyer
Reading Time: 1 minute

The stock of Uber is currently undergoing a correction. The management reported with the latest figures that robotaxis are gaining traction, but currently still have a negative impact on Uber's business. It is expected that this will change only in the medium term. The cost per mile is anticipated to decrease from the current $1.10 to $0.25 by 2035 due to robotaxis. The market for robotaxis is estimated at $4 to $5 billion and could grow to $40 to $100 billion by 2030. Rapid advancements in AI, sensor technology, as well as 5G integration and deregulation...

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