The week was a rollercoaster for the auto industry, with President Donald Trump hinting at potential tariffs on automobiles.
Uber's CEO says they would "love to partner" with Tesla, but instead will likely find themselves competitors.
After failing to develop its own self-driving technology, Uber (UBER) is hoping to work with Tesla (TSLA), adding its upcoming robotaxis to Uber’s ride-sharing fleet. “ No one wants to compete against Tesla or Elon,
Despite Uber's experience or position as one of the pre-eminent players in rideshare, Elon Musk and Tesla shot down the company's offers to collaborate.
The robotaxi space will heat up this year with both Uber and Tesla planning to launch their autonomous services in the coming months. Tesla plans to launch its own ride-hailing service and Uber has partnered with Waymo.
CEO, Dara Khosrowshahi, stated that Elon Musk has no plans to integrate Tesla Inc. (NASDAQ: TSLA)'s forthcoming robotaxis into Uber's platform.
"Life is long, but we would love to partner with them," Dara Khosrowshahi said on Friday about Tesla's Cybercabs.
CEO Dara Khosrowshahi about Tesla’s robotaxi plans at the FII conference in Miami. Discover the Best Stocks and Maximize Your Portfo
Uber is to launch autonomous rides with Waymo in Austin but the rollout of Tesla’s robotaxis, and Waymo’s expansion into other markets, could hit Uber and Lyft.
China trade war pain, DeepSeek shares AI code. Plus: Alibaba, AMD, Amazon, Apple, Google, OpenAI, Shein in the latest edition of Fortune's flagship tech newsletter.
See why Tesla, Inc. stock is declining and the potential impact of its Robotaxi struggles on growth, valuation, and market relevance. Explore more details here.
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