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Zenger
Zenger
Technology
Shanthi Rexaline

Tesla Bull Recommends Acquisition Of Uber To Boost Autonomous Ride-Hailing

An aerial view of Tesla Shanghai Gigafactory on March 29, 2021 in Shanghai, China. Gary Black of Future Fund suggests that Tesla might acquire Uber Technologies, Inc. in order to enter the autonomous ride-hailing market and obtain all of the data from its 137 million users. XIAOLU CHU/GETTY IMAGES

Tesla, Inc. has pinned high hopes on its full-self driving software and its robotaxi service. A Tesla bull has a recommendation for the electric vehicle maker to make it capitalize big on this opportunity in double quick time.

What Happened: Future Fund’s Gary Black raises the prospect of Tesla buying Uber Technologies, Inc. to get into autonomous ride-hailing and get all the data from the latter’s 137 million consumers. Uber’s customers take 25 million trips per day, he added.

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