Uber shares gain 5% after 'toothless' Robotaxi event

Uber shares gain 5% after 'toothless' Robotaxi event

Shares of Uber Technologies rose around 5% in premarket trading after Tesla's Robotaxi event failed to impress investors. Jefferies analysts see Tesla's unveiling as a positive outcome for Uber, stating that Uber is well-positioned to support autonomous vehicle growth.

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