Sources and analyst estimates: Uber is on track to spend $7.5B+ on thousands of robotaxis and $2.5B+ on equity stakes in their makers over the next few years
Ride-hailing app races to make up lost ground with equity investments and vehicle order commitments — Uber has committed more than $10bn …
Financial Times
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Discussion
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@jrosevear
John Rosevear
on bluesky
One effect of this is that Uber will know damned well who has the good AV tech and who doesn't. [embedded post]
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@realjimchanos
James Chanos
on x
Capital-lite models transforming into capital-intensive ones. Now playing at a Silicon Valley theater near you.
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@unhedgedchatter
@unhedgedchatter
on x
FT: Uber commits $10bn to robotaxis in strategy shift [Balance sheet anxiety is real.] $UBER [image]