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☆ Expedia stock jumps on report that Uber explored a takeover of the travel platform
▼ + stars: | 2024-10-17 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +2 min

Expedia stock climbed 8% while Uber stock fell more than 3% in premarket trading on Thursday. Uber spoke with advisors about a potential takeover in recent months, The Financial Times reported. AdvertisementExpedia stock jumped as much as 8% in Thursday's premarket, while Uber tumbled more than 3% following a report the ride-hailing giant recently explored a takeover of the travel group. A third party raised the idea of buying Expedia to Uber, sources told the FT, adding that merger talks were nascent and a deal might not materialize. One source told the newspaper that Uber hasn't formally approached Expedia, and there were no ongoing discussions between the two companies.

Persons: Uber, —, Expedia, Uber hasn't, Dara Khosrowshahi Organizations: Financial Times, Service Locations: Thursday's premarket

☆ Uber is not engaged in active talks to acquire Expedia
▼ + stars: | 2024-10-17 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUber is not engaged in active talks to acquire ExpediaCNBC's Deirdre Bosa joins 'The Exchange' to report on news from Uber and Expedia.

Persons: Expedia, Deirdre Bosa

☆ Google leadership shakeup: Prabhakar Raghavan assumes role of chief technologist
▼ + stars: | 2024-10-17 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGoogle leadership shakeup: Prabhakar Raghavan assumes role of chief technologistCNBC's Deirdre Bosa joins 'The Exchange' to report on Google's internal reorganization and Uber's reported exploration of an Expedia takeover.

Persons: Prabhakar Raghavan, CNBC's Deirdre Bosa

☆ Uber's potential bid for Expedia is the latest example of Dara Khosrowshahi's 'super app' vision
▼ + stars: | 2024-10-17 | by ( Alex Bitter | ) www.businessinsider.com time to read: +3 min

The potential deal would take Uber closer to "super app" status, according to one analyst. CEO Dara Khosrowshahi has said he wants to make Uber a one-stop app for transportation and delivery. AdvertisementUber's reported interest in travel booking website Expedia points to one way the ride-hailing app could get closer to CEO Dara Khosrowshahi's vision of an everything app. AdvertisementHowever, in a May interview with Skift, Khosrowshahi resisted describing Uber as a potential "super app," calling the term "loaded." Meantime, Uber might not need to buy Expedia in order to offer Expedia bookings, according to Gordon Haskett's Mollins.

Persons: Uber, Dara Khosrowshahi, —, Dara Khosrowshahi's, Gordon, Robert Mollins, Khosrowshahi, Elon Musk, Skift, Gordon Haskett's Mollins, Mollins Organizations: Financial Times, Service, Uber, Twitter Locations: China

☆ Klarna, the buy-now, pay-later firm, is looking to make a Robinhood-like product for trading stocks, an internal job ad shows
▼ + stars: | 2024-10-17 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +4 min

Klarna is assembling a team to build a stock-trading tool to compete with Robinhood, according to an internal message seen by BI. AdvertisementSwedish fintech firm Klarna is hiring a team to build a product that would compete with Robinhood's trading platform by letting customers buy and sell stocks through its app. "Our mission is to obliterate the barriers to consumer investing and empower every Klarna user to build their financial future in a single place - the Klarna App," the internal message said. Lombaard said the company is exploring the possibility of "offering customers the opportunity to buy and sell stocks" and exchange-traded funds, or ETFs, in the Klarna app. Related storiesA spokesperson for Klarna told BI: "Klarna continuously explores new product concepts to serve our customers.

Persons: Klarna, —, Ludo Lombaard, Lombaard, Uber, Jyoti Mann Organizations: BI, Service, Business, Apple, Adidas, Klarna, Bloomberg Locations: Swedish, Europe, jyotimann

Uber discussed a bid for the $20 billion travel booking company Expedia , CNBC confirmed, in a deal that would push the ride-share company into new markets beyond car travel and food delivery. Expedia is familiar territory for Uber CEO Dara Khosrowshahi, who previously served as CEO of the travel group from 2005 to 2017. Expedia reported $28.8 billion total gross bookings in its second-quarter results in August. An acquisition of Expedia would be a "‘major strategic home run" for Uber, Dan Ives, Wedbush Securities managing partner, told CNBC's "Squawk Box" on Thursday. "I think they're going to be on the hunt for M&A."

Persons: Uber, Dara Khosrowshahi, Khosrowshahi, Expedia, Dan Ives, CNBC's, they're, Ives Organizations: CNBC, Financial Times, Wedbush Securities

☆ Inshur provides embedded insurance to ride-hailing companies like Uber. Check out the 16-slide pitch deck used to secure $19 million.
▼ + stars: | 2024-10-17 | by ( Riddhi Kanetkar | ) www.businessinsider.com time to read: +2 min

Insurtech startup Inshur has secured $19 million in Series B funding. AdvertisementNew York-based startup Inshur, which provides bespoke insurance for workers in the on-demand economy, has secured $19 million in Series B funding. AdvertisementIts products are used by ride-hailing clients such as Uber and can be embedded into a company's existing platform. For example, Uber drivers can log in using their Uber credentials on the Inshur app, to get a quote, said Bratshpis. The Series B, led by Viola Growth and with participation from MS&AD, brings the startup's total funding to $80 million.

Persons: —, Dan Bratshpis, Viola Growth, Inshur Organizations: Service, Uber, American Business Insurance Services Locations: New York

☆ Stocks making the biggest moves midday: Nvidia, Travelers, Blackstone, Uber and more
▼ + stars: | 2024-10-17 | by ( Michelle Fox | ) www.cnbc.com time to read: +4 min

Travelers' third-quarter earnings came in at $5.24 per share, topping the $3.55 a share expected from analysts polled by LSEG. Blackstone reported third-quarter earnings of $1.01 per share on revenue of $2.43 billion. CSX — Shares slipped 5.9% after the transportation company reported disappointing third-quarter results. Alcoa — The aluminum producer's stock shed more than 3% after the company reported third-quarter revenue of $2.90 billion, below the $2.97 billion LSEG consensus estimate. Synovus Financial — Shares popped 5% after the company reported better-than-expected adjusted earnings per share for the third quarter.

Persons: Uber, LSEG, Elevance, Blackstone, Equifax, Synovus, — CNBC's Sean Conlon, Hakyung Kim, Alex Harring, Pia Singh Organizations: Taiwan Semiconductor, Nvidia, Micron, Times, Expedia, —, LSEG, CSX, Nokia —, Alcoa, FactSet, Dynamics, Steel, Walgreens, Alliance

☆ Want to Understand America? Watch ‘Shark Tank.’
▼ + stars: | 2024-10-17 | by ( Jordyn Holman | ) www.nytimes.com time to read: +19 min

“Shark Tank” Over the Years Season 1 (2009-10) The show premiered against the backdrop of the Great Recession. “‘Shark Tank’ is not a game show,” said Kevin O’Leary, a cutthroat investor known sarcastically in the tank as Mr. “Shark Tank” debuted less than a year after the subprime mortgage crisis devastated the global economy. But those kinds of companies are rarely reflected on “Shark Tank” for one simple reason: They don’t make for good TV. “The buyer gave us a shot at Target because of the ‘Shark Tank’ appearance.”“We turn you into a rock star and you become part of the ‘Shark Tank’ culture and the lore of ‘Shark Tank’,” said Mr. O’Leary.

Persons: Tod Wilson, Mark Cuban, Shark Lori Greiner, ”, Kevin O’Leary, Barbara Corcoran, Corcoran, Mark Burnett, Lehman Brothers, “, Daymond John, John, ” Mr, Wilson, Ms, Angela Lee, Halle Tecco, Jamie Siminoff, Siminoff, O’Leary, Siminoff “, Mr, Robert Herjavec, Burnett, Herjavec, TJ Maxx, Lori Greiner, Greiner, Michael Jones, Taryn Jones Laeben, ” Tod Wilson, Lee, Sarah Paiji Yoo, Dave Heath, Ann Crady Weiss, Hatch, Weiss Organizations: ABC, Sharks, QVC, Amazon, Bombas, Corcoran Group, “ Tigers, “, Twitter, Marketplace, Valley . Producers, Las, Columbia Business School, Halle, Four, Smart Tire Company, TJ, Tank, Tank Venture, Science Inc, Forbes, IRL Ventures, Educators, Blueland Locations: Angeles, Valley, Manhattan, America, Britain, Canada, United States, Houston, Somerset, N.J, Las Vegas, cybersecurity, Target, U.S, Los Angeles, Wegman’s, Minneapolis, Queens

☆ Acquiring Expedia would be a 'major strategic home run' for Uber, says Wedbush's Dan Ives
▼ + stars: | 2024-10-17 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAcquiring Expedia would be a 'major strategic home run' for Uber, says Wedbush's Dan IvesDan Ives, Wedbush Securities managing partner, joins 'Squawk Box' to discuss news of Uber exploring a possible bid for the travel booking website Expedia, why he believes the potential deal would make sense for Uber, and more.

Persons: Uber, Wedbush's Dan Ives Dan Ives Organizations: Wedbush Securities

☆ Why this man swapped San Francisco for Colombia
▼ + stars: | 2024-10-16 | by ( Tamara Hardingham-Gill | ) edition.cnn.com time to read: +13 min

CNN —After spending several years building a life he loved in San Francisco, Jason Bennett, originally from the Bay Area, had every intention of remaining in the Californian city for good. At the same time, he realized that he was mostly returning to San Francisco because he felt that was what was expected of him. “The (Colombian) culture is so kind, they don’t really like to say, ‘No,’” he says. “And I don’t ever want to come across as like I’m shading San Francisco or the United States in general. Since choosing to relocate to Colombia, Bennett has noticed a considerable change in his overall wellbeing and says he couldn’t be happier with how things have turned out.

Persons: Jason Bennett, “, couldn’t, Bennett, ”, ” Bennett, Jason Bennett Bennett, San, he’d, “ You’ve, ’ ” Bennett, Jen, who’s, Pablo Escobar, Medellín, ” He’s, he’s, you’re, I’m, “ It’s, It’s, Uber, He’s, hasn’t, “ I’ve, …, Bennett, I’ve Organizations: CNN, Gap Inc, Medellín, True Star Consulting, of, ”, World Health Organization, Colombian, US State Locations: San Francisco, Bay, American, Colombia, Lebanon, India, Estonia, Argentina, Lisbon, Portugal, Cartagena, Medellín, Castropol, Medellín’s El Poblado, Miami, America, United States, ”, Japan, Medellin, Francisco, Bogota, Cali

☆ I'm an Uber and Lyft driver who's worried Tesla's robotaxis will take ride-hailing jobs
▼ + stars: | 2024-10-16 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +5 min

In cities where those companies operate, drivers are already at risk of losing earnings or seeing an impact on their income. I think drivers in Austin and Atlanta will be in a similar position next year as Waymo has plans to launch there, too. AdvertisementEven though I'm driving for Uber and Lyft full-time, it was never meant to be a full-time gig. One of the main reasons I'm an Uber and Lyft driver is to be debt-free. I think Uber wants to be the central hub for all transportation, even if that means it eventually replaces human drivers entirely.

Persons: Tesla's, Tristan Thomas, Thomas, —, Tesla, Elon Musk, I'm, Waymo, Uber, Lyft, there's, I've, Elon Organizations: Business, Service, Drivers Locations: Cruise, San Francisco , Los Angeles, Phoenix, Austin, Atlanta

☆ Fox anchor tasked with interviewing Harris has a history of appeasing network’s pro-Trump audience
▼ + stars: | 2024-10-16 | by ( Brian Stelter | ) edition.cnn.com time to read: +6 min

New York CNN —Fox News anchor Bret Baier is all too keenly aware that Fox’s viewers want him to affirm what they already feel. And his recent social media activity shows that he is supremely aware of the Fox base’s extreme disdain for Harris and distrust of the media. Baier, the anchor of Fox’s 6 p.m. “Special Report” newscast, is also the network’s chief political anchor. But because the Arizona call presaged Trump’s defeat, Fox was scolded and second-guessed by many of its own viewers, including the sitting president. One X user told Baier they believed that the interview will “be pre recorded and the answers will be edited.

Persons: Bret Baier, Kamala Harris –, president’s, Donald Trump’s, pummel Harris, Baier, Harris, Martha MacCallum, Joe Biden, Fox, ” Baier, ”, Bill Sammon, It’s, ” Sammon, Biden, Elon Musk’s X, “, Trump, Dennis Organizations: New, New York CNN — Fox News, Democratic, Fox, Trump, Networks, Voting Systems, The New York Times, Baier, Fox News, it’s Locations: New York, Arizona, Washington, That’s, “

☆ An incoming 'M&A supercycle' wouldn't just be a win for dealmakers
▼ + stars: | 2024-10-16 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . In today's big story, Goldman Sachs' earnings result might be a sign of the long-awaited return of M&A . The big storyM&A for allWin McNamee/Getty ImagesDon't look now, but M&A might finally be coming back. Goldman Sachs, Wall Street's perennial M&A king, smashed analysts' third-quarter expectations , notching $3 billion in profits. One analyst took things a step further, floating the idea of an "M&A supercycle" once the money that's been sitting on the sidelines finally gets put to work.

Persons: —, Goldman Sachs, Win McNamee, Insider's Reed Alexander, David Solomon, that's, Jenny Chang, Rodriguez, Mariana Bazo, Tyler Le, TSMC, Biden, Donald Trump, Elon Musk, TK, Alex Brandon Elon Musk, Kamala Harris, Alain Tascan, Jeet Shroff, Shroff, Morgan Stanley, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Milan Sehmbi Organizations: Business, Service, LaGuardia Airport, Getty, BI, Monetary Fund, Chartered, Apple, Bloomberg, Google, Trump, PAC, America PAC, AP, Trump PAC, Epic, Discover Financial Services Locations: Midtown Manhattan, China, lockstep, New York, London

☆ I tested Uber's new $18 airport shuttle service in New York City, and it's a game changer
▼ + stars: | 2024-10-15 | by ( Priyanka Rajput | ) www.businessinsider.com time to read: +3 min

Uber launched an $18 shuttle service from Midtown Manhattan to LaGuardia Airport. I tried the service to and from the airport and have already reserved my next ride for Thanksgiving. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Last week, Uber announced the launch of a new $18 shuttle service from three Manhattan locations to LaGuardia Airport and back starting October 8. To test the new service, I took a shuttle from Penn Station to LaGuardia's Terminal C and returned from the airport to Port Authority.

Persons: Uber, —, who've, Camiel Irving, Uber's Organizations: LaGuardia Airport, Service, Port Authority of New, Future Market, Wall, Penn Station, Port Authority Locations: Midtown Manhattan, New York City, LaGuardia, Manhattan, Port Authority of New York, New Jersey, Queens, Canada, Port

☆ Uber CEO says competing with Elon Musk is 'no easy matter' — and would love to partner with Tesla on robotaxis
▼ + stars: | 2024-10-15 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +2 min

Uber CEO Dara Khosrowshahi told the Financial Times that competing with Elon Musk is not easy. He said he would "love" to get Tesla's robotaxis on the Uber platform when it's ready to roll out. AdvertisementUber CEO Dara Khosrowshahi says going head-to-head with Elon Musk can be tough — so he's open to partnering with him. "Obviously, competing with Elon Musk is no easy matter, and we take nothing for granted; we really want to partner with the autonomous industry," he told the FT in an interview that aired Tuesday. Uber and Tesla didn't immediately respond to requests for comment from Business Insider, made outside normal working hours.

Persons: Dara Khosrowshahi, Elon Musk, —, Khosrowshahi, Tesla, Uber, Musk, hasn't Organizations: Financial Times, Elon, Service, Tesla, Warner Bros, Business Locations: Burbank , California

☆ The ultimate guide to negotiating a higher salary
▼ + stars: | 2024-10-15 | by ( Cnbc Make It Staff | ) www.cnbc.com time to read: +3 min

Our new online course, How to Negotiate a Higher Salary, launches Oct. 15. Are you curious about how companies set pay rates and how you can use that information to earn more money? What will our salary course teach you? Take charge of your career with How to Negotiate a Higher Salary to master the art and science of asking for what you deserve — and actually getting it. Get started today and use coupon code EARLYBIRD for an introductory discount of 50% off through Nov. 26, 2024.

Persons: it's, You'll, Hanna Howard, Farah Sharghi, Michelle Greenberg, Kobrin, Nolan Church Organizations: CNBC, It's, Google, New York Times, Cardozo School of Law, Columbia Law School, Continuum

☆ The 'godfather' of driverless cars says Tesla has a major advantage in the self-driving race
▼ + stars: | 2024-10-15 | by ( Hugh Langley | ) www.businessinsider.com time to read: +7 min

Anthony Levandowski, who co-founded Google's Waymo, says Tesla has a huge advantage in data. Musk has promised self-driving Teslas for the better part of a decade. Likewise, Levandowski said he hoped for "a little more steak and less sizzle" on the substance of Tesla's self-driving technology. Related storiesYet perhaps few people understand the nitty-gritty of self-driving tech better than Levandowski. Uber's advantageWhile Tesla and Waymo compete for tech supremacy, Uber might be the frontrunner in the robotaxi race right now.

Persons: Anthony Levandowski, Google's Waymo, Tesla, Levandowski, —, Elon, that's, Musk, Uber, Donald Trump, That's, a16z, Waymo, Dmitri Dolgov, Ben Thompson, Thompson, Levandowki Organizations: Business, Google, Service, Wall Street, Wayve, General Motors Locations: Pronto

☆ Delivery Hero vs. Just Eat? One has 60% upside in a 'winner-takes-all' market, says Stifel
▼ + stars: | 2024-10-15 | by ( Ganesh Rao | ) www.cnbc.com time to read: +4 min

Berlin-based Delivery Hero and Dutch multinational Just Eat Takeaway are two companies at the center of the ruthless online food delivery sector. Over the past decade, Delivery Hero has accumulated net losses of 9.6 billion euros ($10.47 billion) , while Just Eat Takeaway has racked up 7.1 billion euros in losses. Delivery Hero wins? The investment bank is particularly bullish on Delivery Hero, initiating coverage with a "Buy" rating and a price target of 60 euros, implying a potential upside of 60%. Meanwhile, Just Eat Takeaway (TKWY) has a "Hold" rating from Stifel, with a 17% upside potential on the current share price.

Persons: Stifel, Benjamin Kohnke, Uber, Stifel's Kohnke, Kohnke, — CNBC's Michael Bloom Organizations: Investment, Dubai Financial, Deutsche Bank, RBC Locations: Berlin, U.S, Europe, Dubai, Northern Europe

☆ Flooded roads, worried passengers, and no income: Florida Uber and Lyft drivers share their experiences on the road before and after Hurricane Milton
▼ + stars: | 2024-10-12 | by ( Noah Sheidlower | Jacob Zinkula | ) www.businessinsider.com time to read: +8 min

Uber and Lyft drivers in Florida saw gas shortages and obstructed roads before and after Milton. After making landfall in Florida, Hurricane Milton caused at least 14 deaths and left millions without power. In the days preceding the storm, some Uber and Lyft drivers went from transporting beachgoers to helping residents flee their communities — before eventually fleeing themselves. Related storiesTrent T., 50, drives independently for his own transportation company and for Uber and Lyft in South Florida. Are you an Uber or Lyft driver in a hurricane-impacted area who's willing to share your story?

Persons: Milton, —, Sergey, Hurricane Helene, Florida , Hurricane Milton, Hurricane Milton, Uber, Fort, Lyft, Trent, Blaine, Yvonne, Charles P, Orlando —, I'm, Charles Organizations: Service, BI, Hurricane, Florida Division, Emergency Management, Tampa, Drivers, jzinkula Locations: Florida, St . Petersburg , Florida, Hurricane, Florida , Hurricane, St . Petersburg, Clearwater, Orlando, Fort Myers, Sarasota, Tampa Bay, South Florida, Milton, Tampa, Ocala —, Savannah , Georgia, Titusville —

☆ Tesla investors don't seem to trust Elon Musk like they used to. Is that because of Twitter?
▼ + stars: | 2024-10-12 | by ( Peter Kafka | ) www.businessinsider.com time to read: +4 min

Elon Musk says self-driving Tesla cabs — something he's talked about for a long time — are just around the corner. The next day, Wall Street declared itself thoroughly unimpressed: Investors knocked down Tesla shares by nearly 9%. Related storiesAnd at the same time, Tesla investors no longer seem so forgiving. Since Musk acquired Twitter — after failing at his attempt to back out of a signed deal to acquire Twitter — Tesla shares are down 4.7%. Something like "Tesla investors don't care about Musk's Twitter travails — at all."

Persons: Elon Musk, he's, aren't, —, Elon Musk —, Musk, Reed Hastings, Tesla, Bill Gurley —, Uber Organizations: Service, Star, Wall Street, Tesla, Twitter, SpaceX, Netflix

☆ A Tesla fan experiences the Cybercab for the first time — it's a smooth ride but he wouldn't necessarily buy one
▼ + stars: | 2024-10-12 | by ( Tom Carter | ) www.businessinsider.com time to read: +6 min

Tesla fan and attendee Matthew Donegan-Ryan rode in the new Cybercab. Tesla fan and investor Matthew Donegan-Ryan attended the glitzy launch on a film lot at the Warner Bros. @_SFTahoe pic.twitter.com/0Xoubi9hY4 — Matthew Donegan-Ryan (@MatthewDR) October 11, 2024The Cybercab, Tesla's first robotaxi, was revealed alongside a 20-person Robovan. pic.twitter.com/iUD0aKThZa — Matthew Donegan-Ryan (@MatthewDR) October 11, 2024Donegan-Ryan was also surprised by how few cameras the Cybercab had. The Cybercab bears a stylistic resemblance to another Tesla vehicle, the Cybertruck, and Donegan-Ryan said that similarity was particularly apparent in person.

Persons: Elon Musk, Tesla, Matthew Donegan, Ryan, —, robotaxi, 0Xoubi9hY4 — Matthew Donegan, Tesla's, Uber, Cybercab, Donegan, iUD0aKThZa — Matthew Donegan, Franz von Holzhausen, Lars Moravy —, wouldn't, Musk, they're, Dan Ives Organizations: Service, Warner Bros ., Warner Bros, BI, Tesla Staff Locations: Burbank , California

☆ A 33-year-old self-made millionaire shares the 2-part 'financial freedom road map' that helped him build wealth
▼ + stars: | 2024-10-12 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +8 min

Erik Smolinski shares the 'road map' he used to build wealth and achieve financial independence. He also provides steps anyone can take to build wealth, starting with opening a brokerage account. Part 1: Understand 3 'wealth levers'According to Smolinski, there are three "wealth levers" that you have to use in order to build wealth. Next, link your bank account to your brokerage account and initiate your first transfer. Over time, you'll learn to live without the chunk of money you're setting aside for your future.

Persons: Erik Smolinski, —, Smolinski, that's, you've, I'm Organizations: Service, Marine Corps

☆ Jim Cramer says hold still on Tesla stock after Cybercab debut flops
▼ + stars: | 2024-10-11 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

After Wall Street balked at Tesla 's highly-anticipated robotaxi unveiling, CNBC's Jim Cramer told investors not to make any moves on the stock. While he said he wouldn't recommend buying Tesla after Thursday night's event flopped, Cramer discouraged shorting the stock, saying it's "dangerous to bet against" CEO Elon Musk. While impressed by the look and concept of the robotaxi, Cramer said the event's demonstration lacked substance and failed to prove its technological prowess. By Friday's close, Tesla stock was down 8.78%, and Cramer said the market's reaction speaks for itself. "Look, Tesla has a big problem: the electric vehicle market turned out to be substantially smaller than was thought," Cramer said.

Persons: Tesla, CNBC's Jim Cramer, Cramer, Elon Musk, Tesla's, Musk, Friday's, Lyft, Uber, robotaxis Locations: Switzerland

☆ Don't hold your breath waiting for a Tesla robotaxi
▼ + stars: | 2024-10-11 | by ( Shubhangi Goel | Tom Carter | ) www.businessinsider.com time to read: +5 min

Tesla's robotaxi will almost certainly face safety and regulatory questions before it comes to market. Waymo and Cruise have also encountered regulatory challenges with their autonomous vehicles. It has a permit to test autonomous vehicles with a driver on public roads in the state. "It's a problem of their own making," Phil Koopman, a professor at Carnegie Mellon University and an expert in autonomous vehicle safety, told Business Insider. A Waymo autonomous self-driving electric vehicle.

Persons: Tesla's, Cruise, —, Tesla, Elon Musk, You'll, Sjoerd van, Waymo, Phil Koopman, Koopman, PATRICK T, FALLON, Uber, Kyle Vogt Organizations: Service, Warner Bros, Wal, Getty, California Department of Motor Vehicles, Carnegie Mellon University, NHTSA, Cruise Locations: Burbank , California, California

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