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International Business Times UK

David Unyime Nkanta

Tesla's Robotaxi Threat Sends Uber Shares Tumbling Amid Investor Jitters

Uber Tesla Inc. Elon Musk Austin United States Volkswagen Waymo

Shares in Uber (NYSE: UBER) fell by 3.4% on Thursday, 29 May, after Tesla (NASDAQ: TSLA) made bullish remarks about its forthcoming robotaxi rollout.

The ride-hailing giant faced pressure as Tesla CEO Elon Musk signalled that 'unsupervised' full self-driving cars could soon become a paid service in Austin, Texas, starting in June. Musk also hinted at plans to expand the robotaxi offering to California and other US markets before the year is out, posing a potential long-term threat to traditional ride-hailing models.

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Federal judge halts ICE detention centre construction at California site over environmental review

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Abdul El-Sayed: Democrats must ‘win by massive numbers’ to fend off Trump election denial

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Democratic Senate candidate’s remarks come as Trump has long baselessly claimed his 2020 election loss was stolen

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Ohio animal hospital owner accused of using dead dog’s name to obtain thousands of prescription pills

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Dr. Kris L. Taylor and Camille Angulat-Nieto received over 20 prescriptions for ‘Punkin’ a dog that was already dead

The Independent UK

Isaias Leaves More Than 390,000 Alabama and Florida Customers Without Power as Officials Warn About Generator Carbon Monoxide

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A Florida appeals court ordered a grand jury report on $10 million from a Centene Medicaid settlement expunged. What the ruling says and what remains open.

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Federal judge halts ICE detention centre construction at California site over environmental review

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Brazil's Lula accuses social media giant Meta of election interference amid tight run-off campaign

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