Uber Stock Falls As Wall Street Sizes Up Tesla's Cybercab Rollout
Uber Technologies (UBER) stock fell on Tuesday, despite Wall Street analysts offering positive takes on the company's efforts to fend off competition. The decline comes as Wall Street assesses the competitive threat from Tesla (TSLA), which late Thursday held an official launch in Austin, Texas, for its "Cybercab," its first vehicle built specifically for autonomous ride-hailing.
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