Autonomous Ride-hailing Industry Value

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autonomous ride

The Motley Fool

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Technology

1 Unstoppable Stock That Could Beat Tesla to This $14 Trillion Opportunity

Summary

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75% Informative

Elon Musk wants to build a ride-hailing network for the Cybercab robotaxi.

Tesla 's unsupervised FSD software still hasn't received approval for use on public roads, and it might only be in California and Texas by the end of this year .

Uber has all of the infrastructure in place to handle fare disputes, insurance claims, lost item returns, and stranded vehicles.

Uber generated $ 4.56 in earnings per share ( EPS ) last year , which represented a whopping 424% increase from its 2023 result.

Uber's valuation places Uber stock at a price-to-earnings (P/E) ratio of just 16.6 , which is much cheaper than the broader market.

That valuation looks even more expensive when you consider the company's EPS shrank by 53% during 2024 and could decline again this year .

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semi-formal

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English

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