Why Uber Stock Hit an All-Time High After Tesla's Robotaxi Rollout

Oct 11, 2024 · Uber stock was up nearly 10% at $85.66, an all-time high, on Friday afternoon. Shares of competitor Lyft ( LYFT ) also jumped almost 10%. Tesla shares slumped, putting …

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Why Uber Stock Hit An All-Time High After Tesla's Robotaxi Rollout

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Oct 11, 2024 · Uber stock was up nearly 10% at $85.66, an all-time high, on Friday afternoon. Shares of competitor Lyft ( LYFT ) also jumped almost 10%. Tesla shares slumped, putting …

investopedia.com

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Uber, Lyft Rally After Tesla’s ‘Toothless’ Robotaxi Reveal

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Oct 11, 2024 · Uber’s stock jumped as much as 7% to hit an all-time high and Lyft’s advanced up to 8.3% on Friday after Musk’s unveiling of a robotaxi called Cybercab late Thursday in …

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Trading Near All-Time High, Why UBER Stock Is Still Worth

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Oct 16, 2024 · Here’s What Propelled UBER Stock to an All-Time High. Uber shares gained 10.8% on Oct. 11 following Tesla’s TSLA not-so-exciting robotaxi event, which failed to meet …

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Trading Near All-Time High, Why UBER Stock Is Still Worth Buying …

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Oct 16, 2024 · Here’s What Propelled UBER Stock to an All-Time High. Uber shares gained 10.8% on Oct. 11 following Tesla’s TSLA not-so-exciting robotaxi event, which failed to meet …

yahoo.com

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Watch These Uber Price Levels As Stock Near Record High After …

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Oct 14, 2024 · The stock hit an all-time high of $87 on Friday and finished the session 11% higher. Below, we take a look at the technicals on Uber’s chart and identify important price levels worth watching ...

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Uber, Lyft Shares Rise 10% After Tesla's Robotaxi Event

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Oct 11, 2024 · Uber's shares rose 9.8% to $85.53, hitting an all-time high in midday trading, and Lyft's stock climbed 10% to $13.68. Meanwhile, Tesla shares declined 8.1% to $219.34.

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IBD Stock Of The Day: Uber Stock Breaks Out After Tesla's …

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Oct 11, 2024 · With the action, Uber stock broke out past an 82.14 buy point from a nearly six-month-long consolidation pattern. Uber's smaller rival Lyft , meanwhile. is up 8% at 13.39. …

investors.com

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Uber Stock Slides As Tesla Robotaxi Threat Reemerges

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Oct 24, 2024 · Uber stock surged 11% the day after the event, which one analyst called "toothless." But Tesla apparently saved its "ride-hailing rollout surprise" for its earnings call …

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Tesla Robotaxi Event: Why The Stock Fell 8.8% Afterward ... - Barron's

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Oct 11, 2024 · Tesla stock had a rough day following its highly-anticipated Robotaxi Day. Shares of the electric-vehicle maker closed at $217.80, down 8.8%, while the S&P 500 and Dow …

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Uber Stock, Lyft Shares Rise; Robotaxi Revolution Approaches

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Jan 6, 2025 · The ride-sharing giants are having a good Monday, following Uber's announcement of a $1.5 billion accelerated share-repurchase program. In the young year, Uber is up about …

wsj.com

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Uber And Nvidia Vs. Tesla: Who Will Win The Autonomous Race?

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4 days ago · After rallying as high as $87, the stock sold off and found support near the $60 level. It's difficult to pinpoint exactly why this sell-off happened, but we could point to a few reasons. …

seekingalpha.com

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Uber Stock Gains On Nvidia Autonomous Driving Partnership

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Jan 7, 2025 · And updates on Tesla's progress toward a robotaxi service over the six months have often pushed Uber stock lower. Uber slumped to close the year, losing 25% from the …

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FAQs about Why Uber Stock Hit an All-Time High After Tesla's Robotaxi Rollout Coupon?

How did Tesla's 'we robot' event affect Uber & Lyft stocks?

Investors shrugged off Tesla's "We, Robot" event, sending the stock lower. Uber and Lyft stocks both rose as the Tesla threat wasn't as imminent as expected. The unveiling of the Cybercab shows that AV technology is advancing. Uber shares jumped based on the event, but a showdown is coming. ...

Why did Uber share a high in TSLA?

No wonder, the underwhelming Robotaxi event of TSLA propelled Uber shares to an all-time high. Uber had suspended its autonomous vehicles or AV program in Arizona in 2018 after a pedestrian fatality. Since then, Uber has revamped its AV strategy, partnering with the likes of Alphabet 's GOOGL Waymo. ...

Did Tesla's robotaxi event fail to live up to expectations?

Hollie Adams/Getty Images News Uber Technologies (NYSE:UBER) shot up to an all-time high on Friday after Tesla's (TSLA) robotaxi event failed to live up to some of the high-flying expectations. ...

Why did Uber & Lyft stock rise?

Uber and Lyft stocks both rose as the Tesla threat wasn't as imminent as expected. The unveiling of the Cybercab shows that AV technology is advancing. Uber shares jumped based on the event, but a showdown is coming. After a long wait, Tesla (TSLA -0.40%) finally debuted its robotaxi on Thursday night. ...

Why is Uber more attractive to investors than Tesla?

As investors were left looking for more insight and further information about the robotaxi rollout, Uber became more attractive to investors. If Tesla cannot meet expected timelines for the release of its robotaxis, Uber will, therefore, have more time to get ahead of the game. ...

Could Tesla (TSLA) scale a robotaxi fleet without Uber & Lyft?

"We believe TSLA potentially underappreciates the obstacles to scaling a robotaxi fleet (technology, asset ownership, regulation, fleet management, demand, routing, pricing, utilization)," he added. Jefferies believes Tesla (TSLA) could struggle to scale fleet operations without offering access to demand via Uber Technology (UBER) and Lyft (LYFT). ...