Uber Aims to Build the World's Largest Autonomous Vehicle Platform. Can It Compete With Tesla?

Uber reported strong Q2 earnings with $2 billion in operating income and $10 billion in trailing twelve-month free cash flow, enabling aggressive investment in robotaxis. However, the company faces challenges competing with Tesla in the autonomous vehicle market due to its smaller size, lack of manufacturing capabilities, and need for billions in capital over the next 4-5 years to support autonomous-driving partners.