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Ross Gerber Recommends Tesla Owners Let TSLA ‘Take The Risk’ In Elon Musk’s Airbnb-Like Robotaxi Program
Benzinga17d agoneutral
Ross Gerber Recommends Tesla Owners Let TSLA ‘Take The Risk’ In Elon Musk’s Airbnb-Like Robotaxi Program

Investor Ross Gerber on Monday advised Tesla Inc. (NASDAQ:TSLA) owners to refrain from participating in the EV giant’s Airbnb Inc.-like (NASDAQ:ABNB) Robotaxi service rollout amid the Cybercab launch. Tesla Bears No Risk In a series of posts on the social media platform X on Monday, the Gerber Kawasaki co-founder shared his view on CEO Elon Musk‘s vision about the Cybercab being a crossover between Airbnb and Uber Technologies Inc. (NYSE:UBER). “So tesla sells the cybercab to other “fleet manage

Japan's Go President Eyes Expansion in Asia, Robotaxis
Bloomberg18d agoneutralVIDEO
Japan's Go President Eyes Expansion in Asia, Robotaxis

Go, the taxi booking app operator that pulled off Japan's biggest initial public offering this year, is eyeing ways to expand domestically and across Asia, and doesn't see competitors like Uber as a threat. Go President Hiroshi Nakajima spoke exclusively with Bloomberg's Shery Ahn about Japan's unique ride-hailing market and future opportunities like robotaxis.

Tesla opens door to third-party robotaxi operators
Proactive21d agoneutral
Tesla opens door to third-party robotaxi operators

Tesla Inc (NASDAQ:TSLA) has published an interest form inviting businesses to buy Cybercab fleets or provide supporting infrastructure for its robotaxi network, signalling that the company's ambitions extend beyond running the service itself. The form went live ahead of Tesla's Cybercab event...

Uber Technologies (UBER) Cuts 3,300 Jobs As Investors Reassess Its Valuation
Simply Wall St.21d agobearish
Uber Technologies (UBER) Cuts 3,300 Jobs As Investors Reassess Its Valuation

Uber Technologies (UBER) has just announced a restructuring that will cut about 3,300 jobs, or roughly 10% of its global workforce, as it trims management layers and consolidates teams. For investors, the restructuring headlines are landing against a mixed share price backdrop, with a 30 day share price return of 6.76% and a year to date share price decline of 7.74%, while total shareholder return is down 17.74% over one year but still up over three and five years. Recent gains around the...