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Stock impact report

Uber gave up on driverless cars. Now it's paying the price. [Business Insider]

Uber Technologies, Inc. (UBER) 
Last uber technologies, inc. earnings: 2/6 04:05 pm Check Earnings Report
Become an Insider and start reading now. Have an account? Log in Uber launched a driverless car project in early 2015. It vied with Waymo and Tesla until a fatal incident in 2018 led to the cancellation of the effort. Nowadays, autonomous vehicles perform much better, and Uber is rushing to stay relevant. AI-generated summary Summaries are generated by an AI model trained on Business Insider's articles. AI may make mistakes or provide inaccurate/incomplete information. We're unable to load that answer right now. Please try again. What impact did the 2018 incident have? What challenges do AV companies face today? Why are partnerships crucial for Uber's AV push? How is Uber's new strategy different now? How has AV technology improved since 2015? It's relatively easy to follow. Leading is difficult and risky. But if you take a chance and work like hell, the payoff can be huge. Loading audio narration... Uber is learning this lesson right now as it scrambles Show less Read more
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