Uber Warns Investors Its Focus On Self-Driving Vehicles Could Be Risky

Uber Warns Investors Its Focus On Self-Driving Vehicles Could Be Risky
x

  • If rival companies are able to develop self-driving vehicles on a grand scale before Uber does, it could put everything from Uber's ride-hailing service to its food delivery service at risk.
  • "We have invested, and we expect to continue to invest, substantial amounts in autonomous vehicle technologies," said Uber representatives.
  • If any of these rivals manage to scale up self-driving technology before Uber, the startup's business as a whole could be at risk.


Next Story
Share it
Top
To Top