Uber Technologies (UBER) stock fell on Tuesday, despite Wall Street analysts offering positive takes on the company's efforts to fend off competition from Waymo and Tesla (TSLA). Tesla late Thursday held an official launch in Austin, Texas, for its "Cybercab," its first vehicle built specifically to operate for autonomous ride-hailing. The competitive threat of robotaxis from Tesla and the Google-backed…
Uber Stock Falls As Wall Street Sizes Up Tesla's Cybercab Rollout
Uber stock fell Tuesday as investors continued to debate the competitive threat of Tesla's Cybercab plans in Austin, Texas.
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