Future Fund LLCis director, Gary Blackthinks Uber Technologies Inc. Uber It is best positioned to take advantage of the acceptance of autonomous driving technologies.
View the current price of Uber -stock here.
What happened: The investor went to X on Tuesday to share his thoughts about Uber.
“Uber is best positioned to take advantage of the approval of non -controlled autonomy,” said the investor in his position. He added that autonomous driving would benefit the company by eliminating “the costs of the driver” from Uber’s business model.
The investor also said that the relocation would “extend” the total addressable market or tame of Uber.
Why it matters: The views of Black are in stark contrast with views of experts such as Gerber KawasakiCo-founder Ross GerberWho recently said that Uber would be “eaten alive” by robotaxis.
Uber was collaborated with Alphabet Inc.’S Googl Goosen Robotaxi -Service Waymo To expand his services in Atlanta.
The company also recently invested in Autonomous Driving Company Waythat is supported by Japan’s Softbank group SFTBF.
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