{"id":40214,"date":"2025-05-30T11:37:15","date_gmt":"2025-05-30T11:37:15","guid":{"rendered":"https:\/\/quickassetsmarket.com\/index.php\/2025\/05\/30\/uber-stock-price-analysis-buy-the-tesla-robotaxi-fear-dip\/"},"modified":"2025-05-30T11:37:15","modified_gmt":"2025-05-30T11:37:15","slug":"uber-stock-price-analysis-buy-the-tesla-robotaxi-fear-dip","status":"publish","type":"post","link":"https:\/\/quickassetsmarket.com\/index.php\/2025\/05\/30\/uber-stock-price-analysis-buy-the-tesla-robotaxi-fear-dip\/","title":{"rendered":"Uber stock price analysis: buy the Tesla robotaxi fear dip?"},"content":{"rendered":"<div><\/div>\n<p>Uber stock price plunged hard this week as concerns about competition from Tesla rose. It dropped to a low of $82.93, its lowest level since May 12. It has plunged by 10% from its highest point this month, meaning that it has moved into a correction. So, are the Tesla risks warranted?<\/p>\n<h2 class=\"wp-block-heading\">Uber stock price crashed amid Tesla concerns<\/h2>\n<p>Lyft and Uber stock price plunged after Elon Musk said that Tesla was testing its self-driving Model Y vehicles on Austin public streets without any incidents. He said that the tests were taking place ahead of schedule and that the company would deliver its vehicle to customers next month.<\/p>\n<p>Uber stock price crashed because the new development means that the company is on track to launch its robotaxis. Analysts believe that these taxis could disrupt Uber\u2019s business and lead to lower sales and profits.&nbsp;<\/p>\n<div class=\"wp-block-kevinbatdorf-xeet-wp xeet-wp\">\n<div class=\"react-tweet-theme Prh5YO6Z7gkcGwVjnX1Q\">\n<article class=\"y3vyxk0KOdMgcSTtzERK\">\n<div class=\"lXRMjX2KYR7IZSOZPFbm\"><a href=\"https:\/\/twitter.com\/elonmusk\/status\/1927970940874354941\" class=\"nkzum3vS9EE0UMk6wIwD\" target=\"_blank\" rel=\"noopener noreferrer\"><\/p>\n<div class=\"gxuhzv6slGlIBy5JFjVm\"><\/div>\n<div class=\"gxuhzv6slGlIBy5JFjVm\">\n<div class=\"jM__a2FZ4FtvadsBSIC5\"><\/div>\n<\/div>\n<p><\/a><\/p>\n<div class=\"BwMePHrH3rvsmYE498nW\"><a href=\"https:\/\/twitter.com\/elonmusk\/status\/1927970940874354941\" class=\"oDvOSSsrnTspryAL9YVt\" target=\"_blank\" rel=\"noopener noreferrer\"><\/p>\n<div class=\"YqFZOCD996i_gAbVzqfJ\"><span title=\"Elon Musk\">Elon Musk<\/span><\/div>\n<div class=\"k4aQ6nZmsk6GjbvjPKss FgA7vJPvpWgsyInO1FMI\"><\/div>\n<p><\/a><\/p>\n<div class=\"T65hgE51dyqUMzAY5hl0\"><a href=\"https:\/\/twitter.com\/elonmusk\/status\/1927970940874354941\" class=\"jg4rjgPtL89uoWZw81FG\" target=\"_blank\" rel=\"noopener noreferrer\"><span title=\"@elonmusk\">@elonmusk<\/span><\/a><\/p>\n<div class=\"IulIEDncuBnezCKlPUfn\"><span class=\"f9i0GrOk4HWCqDStzGHE\">\u00b7<\/span><a href=\"https:\/\/twitter.com\/intent\/follow?screen_name=elonmusk\" class=\"X9KF8bvQvjpxMkEUAQSg\" target=\"_blank\" rel=\"noopener noreferrer\">Follow<\/a><\/div>\n<\/div>\n<\/div>\n<p><a href=\"https:\/\/twitter.com\/elonmusk\/status\/1927970940874354941\" class=\"VAKgDYwbCPjVtzvR7vsi\" target=\"_blank\" rel=\"noopener noreferrer\" aria-label=\"View on Twitter\"><\/a><\/div>\n<p class=\"AdGEHCYjGQTkPV_D5imj\"><span>For the past several days, Tesla has been testing self-driving Model Y cars (no one in driver\u2019s seat) on Austin public streets with no incidents. <\/p>\n<p>A month ahead of schedule.<\/p>\n<p>Next month, first self-delivery from factory to customer.<\/span><\/p>\n<div class=\"_0kiDv1j1JHI8CF0Ntb_\"><a class=\"PF6M5QdjvCYeUIeL82Pw\" href=\"https:\/\/twitter.com\/elonmusk\/status\/1927970940874354941\" target=\"_blank\" rel=\"noopener noreferrer\" aria-label=\"9:11 AM \u00b7 May 29, 2025\">9:11 AM \u00b7 May 29, 2025<\/a><a class=\"EUWNvie68q0hB7x9gYil\" href=\"https:\/\/help.twitter.com\/en\/twitter-for-websites-ads-info-and-privacy\" target=\"_blank\" rel=\"noopener noreferrer\" aria-label=\"Twitter for Websites, Ads Information and Privacy\"><\/a><\/div>\n<div class=\"r1nP5SJS7VNmWTX19Auq\"><a class=\"gcUKEvUouWctDVs4Uni5\" href=\"https:\/\/twitter.com\/intent\/like?tweet_id=1927970940874354941\" target=\"_blank\" rel=\"noopener noreferrer\" aria-label=\"Like. This Tweet has 12.5K likes\"><\/p>\n<div class=\"EYp9rp32FVnHEztzLqMG\"><\/div>\n<p><span class=\"aMeAuAqW2H34ePc2jorL\">12.5K<\/span><\/a><a class=\"We700JQVK913TW5TZQk6\" href=\"https:\/\/twitter.com\/intent\/tweet?in_reply_to=1927970940874354941\" target=\"_blank\" rel=\"noopener noreferrer\" aria-label=\"Reply to this Tweet on Twitter\"><\/p>\n<div class=\"SXNJIS9giXWKxuUsSwXx\"><\/div>\n<p><span class=\"qAurmX5F17a0m0GbrhOq\">Reply<\/span><\/a><button type=\"button\" class=\"EDcxfgdhQDFSaBs5yAxC\" aria-label=\"Copy link\" data-xeet-url-to-copy=\"https:\/\/twitter.com\/elonmusk\/status\/1927970940874354941\"><\/p>\n<div class=\"O1W4EuB8WU92_ex7pGQT\"><\/div>\n<p><span class=\"ovn4FbJMqbXsfiK7gvth\" data-copy-text=\"{&quot;copied&quot;:&quot;Copied!&quot;,&quot;copyAllText&quot;:&quot;Copy link to Tweet&quot;}\">Copy link<\/span><\/button><\/div>\n<div class=\"cjgWV81BwLW_tK8FicCg\"><a class=\"tczCx_QJsiI5O2NPUrfI\" href=\"https:\/\/twitter.com\/elonmusk\/status\/1927970940874354941\" target=\"_blank\" rel=\"noopener noreferrer\"><span class=\"LW1dI56xN0L7kAXJota7\">Read 1.8K replies<\/span><\/a><\/div>\n<\/article>\n<\/div>\n<\/div>\n<p>Still, the Uber stock crash seems like an exaggeration for several reasons. First, it will take a long time for Tesla to become a major player in the robotaxi industry because of the complexities involved. Incorporating autonomous vehicles in other countries will take time.<\/p>\n<p>Second, the company has a partnership with Alphabet, the creator of Waymo, one of the top players. There are also signs that <a href=\"https:\/\/invezz.com\/news\/2025\/04\/28\/uber-ceo-owns-a-tesla-shares-experience-with-full-self-driving\/\">Uber will ultimately will partner with Tesla<\/a> in its autonomous vehicles.&nbsp;<\/p>\n<p>Further, Uber\u2019s business has become more diverse in the past few years, with food and grocery delivery contributing substantially to its business. It will be hard to automate this business.<\/p>\n<p>Therefore, there are signs that the Uber share price crash was unwarranted, as it has done in the past few years.<\/p>\n<h2 class=\"wp-block-heading\">Uber\u2019s business is doing well<\/h2>\n<p>Uber chart by <a target=\"_blank\" href=\"https:\/\/www.tradingview.com\/symbols\/NYSE-UBER\/\">TradingView<\/a><\/p>\n<p>The annual results show that Uber\u2019s business has done well in the past few years, with its revenue rising from $11.1 billion in 2020 to $45 billion in the trailing twelve months.&nbsp;<\/p>\n<p>It has also become a highly profitable company, with its annual profit rising from a $9 billion loss in 2022 to $12 billion in the TTM.<\/p>\n<p>The most recent results showed that its revenue rose to $11.5 billion in the first quarter, from $10.1 billion. Its mobility revenue rose by 15% to $6.4 billion, while its delivery revenue rose by $3.7 billion.<\/p>\n<p>Uber\u2019s adjusted EBITDA also improved from $1.38 billion in Q1\u201924 to $1.8 billion this year. Also, the number of monthly active platform customers rose by 14% to 170 millon.<\/p>\n<p>Wall Street analysts expect that the revenue will rise by 16.38% this quarter to $12.45 billion, while the annual revenue will be $50.5 billion this year. It will then make almost $60 billion in 2026.<\/p>\n<p>Read more: <a href=\"https:\/\/invezz.com\/news\/2025\/03\/06\/uber-stock-could-it-surpass-100-in-2025\/\">Uber stock: could it surpass $100 in 2025?<\/a><\/p>\n<h2 class=\"wp-block-heading\">Uber stock price analysis<\/h2>\n<figure class=\"wp-block-image inv-component-break-container size-large\"><\/figure>\n<p>Uber stock chart | Source: <a href=\"https:\/\/www.tradingview.com\/symbols\/NYSE-UBER\/\" target=\"_blank\" rel=\"noreferrer noopener\">TradingView<\/a><\/p>\n<p>The daily chart shows that the Uber share price peaked at $93.36 this month and then dropped to $82 as Tesla concerns remained. It is attempting to retest the support at $82, the highest swing on February 18.&nbsp;<\/p>\n<p>Uber shares have remained above the 50-day and 100-day Exponential Moving Averages (EMA). However, the two lines of the MACD have made a bearish crossover, while the Relative Strength Index&nbsp; (RSI) has moved below the neutral point.<\/p>\n<p>Therefore, the Uber share price will likely drop to $82 and then resume the uptrend, potentially to the year-to-date high of $93.35.<\/p>\n<p>The post <a href=\"https:\/\/invezz.com\/news\/2025\/05\/30\/uber-stock-price-analysis-buy-the-tesla-robotaxi-fear-dip\/\">Uber stock price analysis: buy the Tesla robotaxi fear dip?<\/a> appeared first on <a href=\"https:\/\/invezz.com\/\">Invezz<\/a><\/p>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Uber stock price plunged hard this week as concerns about competition from Tesla rose. It dropped to a low of $82.93, its lowest level since May 12. It has plunged by 10% from its highest point this month, meaning that it has moved into a correction. So, are the Tesla risks warranted? Uber stock price <\/p>\n","protected":false},"author":1,"featured_media":40215,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-40214","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-investing"},"_links":{"self":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/40214","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/comments?post=40214"}],"version-history":[{"count":0,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/40214\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media\/40215"}],"wp:attachment":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media?parent=40214"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/categories?post=40214"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/tags?post=40214"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}