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Brad Gerstner (investor and hedge fund manager) said that his company will sell its Uber shares after the elections and invested the capital in Tesla
$TSLA (+4,29 %) invested in Tesla.

"2025 will be the year of robotaxis.

We were at the Robotaxi-day at Tesla and were impressed.

Uber
$UBER (+3,37 %) is facing a huge disruptive force from Tesla.

Tesla is taking the lead with its fully autonomous driving functions."


Photo: uber

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7 Comentarios

UBER cooperates very closely with Tesla. Uber drivers who opt for a Tesla get a discount. Uber has such a strong platform and so much data now. I seriously wonder how well some Brad researches to come to such an assessment. Completely absurd.
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Take the lead at the start while others are at the finish 🫡
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Tesla's biggest advantage is the vast amount of data that has been and is being collected in all areas where Tesla is active.
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Oh, maybe I should do the same. I'm only up 1.6% with Uber. I thought they would complement each other and not compete but it makes sense (the photo even proves me right)
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I think that Uber is aware of the possible disruptive power of Tesla, it is not for nothing that it has been trying to settle in other niches for a few years and exploit potential (Uber Beats, Uber Freight, Uber Elevate, transit solutions in public transport).
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Where Tesla could make a smart move would be to acquire Grab (Southeast Asia with more than 650 users) and explore the possibilities of deploying Teslas there first and later introducing autonomous driving as the infrastructure is built up.
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