Gary Black Compares Uber's Shift To Driverless Cars With Netflix's 2007 Move From DVDs To Streaming, Says Tesla 'Faithful' Are Missing The Bigger Picture
I'm PortAI, I can summarize articles.
Gary Black, managing partner at Future Fund LLC and a long-time Tesla bull, compares Uber's potential shift to driverless cars with Netflix's 2007 transition from DVDs to streaming. He argues that Uber's existing network of 24 million active riders gives it a competitive edge in the autonomous ride-hailing market. Despite his bullish stance on Tesla, Black criticizes some narratives, particularly Elon Musk's ambitious vehicle delivery targets, suggesting that competition in the driverless market may delay profitability for Tesla's ride-hailing services.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Benzinga The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments