Gerber Kawasaki's co-founder, Ross Gerber, thinks that Robotaxis will eclipse and surpass ride-hailing giant Uber Technologies Inc. (NYSE:UBER) as autonomous driving advances in the U.S.
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What Happened: "Uber is going to be eaten alive by Robotaxis. Just a matter of time," Gerber said in a post on social media platform X on Monday. He did not provide any additional details about why the investor thought this way.
However, in a separate post, he shared what could be perceived as a veiled criticism of Tesla Inc.'s (NASDAQ:TSLA) Robotaxi. "When I said robotaxis. I meant ones that actually work…" Gerber said. The investor has been a staunch critic of Tesla's FSD and Robotaxi in the past.
Why It Matters: Gerber's comments come as Uber recently offered autonomous taxis on its platform for the first time in the city of Atlanta in partnership with Alphabet Inc.'s (NASDAQ:GOOGL) (NASDAQ:GOOG) Waymo.
The company also invested in autonomous driving company Wayve, which recently began testing level 4 self-driving cars in the UK for the first time. The company is also backed by Japan's SoftBank Group (OTC:SFTBF).
Uber also partnered with Pony AI (NASDAQ:PONY) to launch autonomous taxis in the Middle East. Pony recently announced a deal with authorities in Dubai to test Level 4 autonomous driving vehicles in the Emirate.
Elsewhere, Tesla's Robotaxi has raised questions once again about the company's FSD or Full-Self Driving technology as a Model Y Robotaxi nearly hit a parked vehicle in the city of Austin.
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