Uber's Autonomous Ride-Hailing Market Potential Reaches $10 Trillion
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Source: NASDAQ.COM
- Market Opportunity: Ark Investment Management predicts that autonomous ride-hailing will significantly reduce travel costs, creating a $10 trillion market opportunity that enhances accessibility and drives rapid industry growth.
- Uber's Competitive Edge: Uber has partnered with over 20 autonomous vehicle companies, completing over 450,000 autonomous rides weekly, positioning itself strongly in the autonomous sector with the world's largest ride-hailing network.
- Financial Performance Comparison: In the first three quarters of 2025, Uber's revenue grew by 17%, while Tesla's revenue shrank by 3%, highlighting Uber's robust performance and relatively stable business model in the market.
- Cost Efficiency Improvement: The proliferation of autonomous ride-hailing is expected to significantly lower Uber's labor costs, allowing a greater portion of its $49.7 billion in gross bookings to convert into revenue and profit, thereby driving rapid financial growth for the company.
Analyst Views on TSLA
Wall Street analysts forecast TSLA stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for TSLA is 401.93 USD with a low forecast of 25.28 USD and a high forecast of 600.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
30 Analyst Rating
12 Buy
11 Hold
7 Sell
Hold
Current: 437.500
Low
25.28
Averages
401.93
High
600.00
Current: 437.500
Low
25.28
Averages
401.93
High
600.00
About TSLA
Tesla, Inc. designs, develops, manufactures, sells and leases high-performance fully electric vehicles and energy generation and storage systems, and offers services related to its products. Its segments include automotive, and energy generation and storage. The automotive segment includes the design, development, manufacturing, sales and leasing of high-performance fully electric vehicles, and sales of automotive regulatory credits. It also includes sales of used vehicles, non-warranty maintenance services and collisions, part sales, paid supercharging, insurance services revenue and retail merchandise sales. The energy generation and storage segment include the design, manufacture, installation, sales and leasing of solar energy generation and energy storage products and related services and sales of solar energy systems incentives. Its consumer vehicles include the Model 3, Y, S, X and Cybertruck. Its lithium-ion battery energy storage products include Powerwall and Megapack.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
