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Why Is Uber Stock Falling and Is It a Buying Opportunity?
Why Is Uber Stock Falling and Is It a Buying Opportunity?

Globe and Mail

time2 days ago

  • Business
  • Globe and Mail

Why Is Uber Stock Falling and Is It a Buying Opportunity?

News of Tesla 's (NASDAQ: TSLA) progress on driverless car technology is causing Uber (NYSE: UBER) shares to decline. *Stock prices used were the afternoon prices of May 28, 2025. The video was published on May 30, 2025. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » Should you invest $1,000 in Uber Technologies right now? Before you buy stock in Uber Technologies, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Uber Technologies wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $638,985!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $853,108!* Now, it's worth noting Stock Advisor 's total average return is978% — a market-crushing outperformance compared to171%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of May 19, 2025 Parkev Tatevosian, CFA has positions in Uber Technologies. The Motley Fool has positions in and recommends Tesla and Uber Technologies. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

Musk Lobbies Washington to Clear Way for Self-Driving Cars
Musk Lobbies Washington to Clear Way for Self-Driving Cars

Bloomberg

time2 days ago

  • Business
  • Bloomberg

Musk Lobbies Washington to Clear Way for Self-Driving Cars

Elon Musk is pushing lawmakers to help clear a path for driverless vehicles, according to people familiar with the matter, part of a broader effort behind the scenes to lobby for a key priority of Tesla Inc. In recent weeks, Musk and people who work for him have been calling members of Congress directly to gather support, said the people, who asked not to be named because the discussions are private. He has also been weighing in on revisions of a bill introduced on May 15 that would begin setting up a basic framework for autonomous vehicles.

Posted May 29, 2025 at 6:13 AM EDT
Posted May 29, 2025 at 6:13 AM EDT

The Verge

time4 days ago

  • Automotive
  • The Verge

Posted May 29, 2025 at 6:13 AM EDT

Driverless Teslas are actually driverless now. Elon Musk says the company has been testing self-driving Model Y cars around Austin without anyone in the driver's seat for the 'past several days.' That's good news for the company's fledgling robotaxi business, which may launch as soon as June 12th. Though as Electrek points out, a few weeks of driverless testing is a far cry from the six months Waymo worked through before its Austin launch this year.

Driverless Teslas are actually driverless now.
Driverless Teslas are actually driverless now.

The Verge

time4 days ago

  • Automotive
  • The Verge

Driverless Teslas are actually driverless now.

Driverless Teslas are actually driverless now. Elon Musk says the company has been testing self-driving Model Y cars around Austin without anyone in the driver's seat for the 'past several days.' That's good news for the company's fledgling robotaxi business, which may launch as soon as June 12th. Though as Electrek points out, a few weeks of driverless testing is a far cry from the six months Waymo worked through before its Austin launch this year.

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