The Future Fund LLC Managing Partner Gary Black questioned the claims that Tesla Inc.‘s (NASDAQ:TSLA) autonomous driving network could disrupt Uber Technologies Inc. (NYSE:UBER), pointing to the ride-hailing giant’s massive user base as a key competitive advantage.
What Happened: In a post on X on Thursday, Black argued that Uber’s 170 million monthly active users would make it difficult for Tesla to build a sufficiently robust competing network.
He likened the situation to Amazon.com Inc.‘s (NASDAQ:AMZN) dominance in e-commerce, where the platform’s scale of 310 million monthly active users makes it nearly impossible for individual merchants to compete effectively.
“Cheaper autonomous rides will be one option on the Uber app. If TSLA forbids its owners to join the UBER platform, other manufacturers will gladly fill …
Full story available on Benzinga.com
The Future Fund LLC Managing Partner Gary Black questioned the claims that Tesla Inc.‘s (NASDAQ:TSLA) autonomous driving network could disrupt Uber Technologies Inc. (NYSE:UBER), pointing to the ride-hailing giant’s massive user base as a key competitive advantage.
What Happened: In a post on X on Thursday, Black argued that Uber’s 170 million monthly active users would make it difficult for Tesla to build a sufficiently robust competing network.
He likened the situation to Amazon.com Inc.‘s (NASDAQ:AMZN) dominance in e-commerce, where the platform’s scale of 310 million monthly active users makes it nearly impossible for individual merchants to compete effectively.
“Cheaper autonomous rides will be one option on the Uber app. If TSLA forbids its owners to join the UBER platform, other manufacturers will gladly fill …
Full story available on Benzinga.com
The Future Fund LLC Managing Partner Gary Black questioned the claims that Tesla Inc.‘s (NASDAQ:TSLA) autonomous driving network could disrupt Uber Technologies Inc. (NYSE:UBER), pointing to the ride-hailing giant’s massive user base as a key competitive advantage.
What Happened: In a post on X on Thursday, Black argued that Uber’s 170 million monthly active users would make it difficult for Tesla to build a sufficiently robust competing network.
He likened the situation to Amazon.com Inc.‘s (NASDAQ:AMZN) dominance in e-commerce, where the platform’s scale of 310 million monthly active users makes it nearly impossible for individual merchants to compete effectively.
“Cheaper autonomous rides will be one option on the Uber app. If TSLA forbids its owners to join the UBER platform, other manufacturers will gladly fill …Full story available on Benzinga.com Read MoreAMZN, benzinga neuro, Equities, Gary Black, GOOG, GOOGL, News, TSLA, UBER, Markets, AMZN, US0231351067, GOOG, US38259P7069, TSLA, US88160R1014, GOOGL, US38259P5089, UBER, News, Equities, Markets, Benzinga News
