May 30, 2023 7:16 am

Self-driving technologies is proliferating, and that could be a threat to Uber‘s (UBER -.03%) business enterprise. It does not have its personal self-driving technologies like competitors and would have to have to companion with somebody else to compete, which may possibly place the organization at a massive disadvantage. Travis Hoium covers the dynamic in the video under. 

*Stock rates made use of have been finish-of-day rates of May possibly 19, 2023. The video was published on May possibly 22, 2023.

Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool’s board of directors. Travis Hoium has positions in Alphabet and Common Motors. The Motley Fool has positions in and recommends Alphabet, Tesla, and Uber Technologies. The Motley Fool recommends Common Motors and recommends the following possibilities: lengthy January 2025 $25 calls on Common Motors. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may possibly be compensated for advertising its solutions. If you decide on to subscribe through their hyperlink they will earn some added revenue that supports their channel. Their opinions stay their personal and are unaffected by The Motley Fool.