tl;dr
Uber Technologies (NYSE:UBER) and Lyft (NASDAQ:LYFT) saw slight declines in early trading on Wednesday following Tesla (TSLA) CEO Elon Musk's discussion of the potential of a robotaxi fleet during the company's earnings call on Tuesday. During the call, Musk outlined a ride-hailing app concept allow...
Uber Technologies (NYSE:UBER) and Lyft (NASDAQ:LYFT) saw slight declines in early trading on Wednesday following Tesla (TSLA) CEO Elon Musk's discussion of the potential of a robotaxi fleet during the company's earnings call on Tuesday. During the call, Musk outlined a ride-hailing app concept allowing riders to summon, track, and customize vehicles. Tesla owners can also rent out their vehicles, with Tesla planning to own and derive revenue from the robotaxi fleet. Tesla is hosting a key robotaxi event on August 8. Pre-market sessions reflected a 1.29% drop for Uber Technologies (UBER) and a 2.35% decline for Lyft (LYFT).
More about Uber Technologies Inc
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Uber Technologies Inc
Uber Technologies, Inc., commonly known as Uber, is an American technology company. Its services include ride-hailing, food delivery (Uber Eats), package delivery, couriers, freight transportation, and, through a partnership with Lime, electric bicycle and motorized scooter rental. The company is based in San Francisco, California.
TRADE & SERVICES
SERVICES-BUSINESS SERVICES, NEC
147373031000,81.38,None,0.87,18.31,0.0506,37281001000,81.42,1.269,0.154
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More about LYFT Inc
Company: Lyft, Inc.
Industry: Trade & Services
Sector: Services-Business Services, NEC
Market Cap: 6764734000
Dividend Yield: None
EPS: None
P/E Ratio: -0.88
Current Price: 11.43
Change (Intraday): -0.0773
Volume: 4403589000
Stock Price Range (52 Weeks): 16.37
Beta (3Y Monthly): 0
Price Change (Percentage): 0.042
More about Tesla Inc
Tesla Inc
Tesla, Inc. is an American electric vehicle and clean energy company based in Palo Alto, California. Tesla's current products include electric cars, battery energy storage from home to grid-scale, solar panels and solar roof tiles, as well as other related products and services. In 2020, Tesla had the highest sales in the plug-in and battery electric passenger car segments, capturing 16% of the plug-in market (which includes plug-in hybrids) and 23% of the battery-electric (purely electric) market. Through its subsidiary Tesla Energy, the company develops and is a major installer of solar photovoltaic energy generation systems in the United States. Tesla Energy is also one of the largest global suppliers of battery energy storage systems, with 3 GWh of battery storage supplied in 2020.
Manufacturing
Industry: Motor Vehicles & Passenger Car Bodies
Revenue: $46.08 billion
Operating Income: $33.65
Net Income: $4.3
Assets: $30.49 billion
Equity: $0.155
Employees: 96,772
Market Cap: $967.73 billion
EPS: $171.36
Dividend: $1.115
Dividend Yield: 0.035%
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