Uber CEO Dara Khosrowshahi has acknowledged Tesla as both a competitor and potential partner in the robotaxi market, describing the total addressable market as worth $1 trillion. He emphasized that there will be no single winner in this space, highlighting Tesla's cautious approach to safety. Uber is actively engaged in discussions with private equity firms and banks to secure funding for expanding its robotaxi business. This follows a $300 million partnership with Lucid Motors and Nuro aimed at deploying 20,000 robotaxis over six years. Khosrowshahi also noted that Uber is in talks with all major original equipment manufacturers (OEMs) involved in autonomous vehicle development. Despite regulatory and consumer acceptance challenges in various countries, Uber aims to position itself as the leading platform for robotaxi services when the market matures. Industry observers note that nearly every major player in the robotaxi sector has partnered with Uber, underscoring its central role in the autonomous driving ecosystem.
Nearly every player in the robotaxi space has something in common: They’ve signed a deal with Uber. https://t.co/8V2yCnUaIm
Regulators in many countries still have reservations about driverless cars. Consumers, too, will need to be convinced. Nonetheless, Uber will keep hustling to ensure it is the platform of choice when the robotaxi future eventually arrives https://t.co/AEHuRJ6U9T
Being a both product and financial engineering company is a flawed strategy. He’s hedging because how one competes directly with @saylor isn’t obvious. https://t.co/ow11jsGPhB