Tesla’s biggest bull with $2,000 price target sees robotaxi service launching ‘soon’

Ark Invest, arguably Tesla’s biggest bull with a $2,000 price target on the TSLA stock, put together a weighted average prediction for when Tesla would launch its robotaxi service. Recently, Tesla has made it clear that it is virtually betting the house on self-driving. CEO Elon Musk even went as far as to say that… Continue reading Tesla’s biggest bull with $2,000 price target sees robotaxi service launching ‘soon’

bp pulse to expand incentives for Uber drivers to go electric

bp pulse and Uber have signed an agreement to expand their strategic partnership. The two companies began working together in 2021, when bp opened a commercial charging hub on Park Lane in London, and Uber became bp’s first ride-hailing platform partner. Uber says that over 15% of miles driven using its service in London are… Continue reading bp pulse to expand incentives for Uber drivers to go electric

Lyft is laying off 26 percent of employees

The ridesharing company is shedding 1,072 jobs. Lyft had warned of impending layoffs last week, and now it’s taking action. The ridesharing company is cutting 1,072 jobs, or about 26 percent of its employees. It’s also scaling back hiring and will scrub 250 open roles. The decision will carry severance and benefits costs of up… Continue reading Lyft is laying off 26 percent of employees

Uber Freight offers carriers a fuel card powered by startup AtoB

Uber Freight, the logistics business spun out of Uber in 2018, is partnering with transportation fintech startup AtoB to offer carriers fuel cards and spend management software. AtoB, a four-year-old company that has been described as Stripe for transportation, offers an integrated financial platform based around its core product of a fuel card for truckers. Unlike… Continue reading Uber Freight offers carriers a fuel card powered by startup AtoB

Varla Scooter Advances the Food Delivery Industry with Efficient, Eco-Friendly Options

LOS ANGELES, April 27, 2023 /PRNewswire/ — The Food delivery industry is always looking for ways to improve efficiency while reducing costs and environmental impact. One solution that has gained popularity in recent years is using electric scooters. E-scooters are becoming a preferred choice for the food delivery industry due to their numerous benefits. “We… Continue reading Varla Scooter Advances the Food Delivery Industry with Efficient, Eco-Friendly Options

Uber Freight Gives Carriers New Tools To Fix Their Finances Through Partnership With Fleet Fintech Leader AtoB

Partnership Provides Uber Freight Carriers With Deep Discounts, Same-Day Payouts, and More To Keep The Competitive Edge CHICAGO, April 27, 2023 /PRNewswire/ — Uber Freight today announced a payments partnership with AtoB, the first integrated fintech platform to modernize the fleet industry’s trillion dollar financial system. Under the terms of the partnership, AtoB will be… Continue reading Uber Freight Gives Carriers New Tools To Fix Their Finances Through Partnership With Fleet Fintech Leader AtoB

Uber: Uber Eats Announces Delivery Partnership with Little Caesars

SAN FRANCISCO–(BUSINESS WIRE)–Uber Technologies, Inc. (NYSE: UBER) announced that Little Caesars, the third largest pizza chain in the world, is now available for delivery with Uber Eats. As of today, thousands of U.S. Little Caesars locations have been added to the Uber Eats app, with plans to bring locations across all 50 states to the… Continue reading Uber: Uber Eats Announces Delivery Partnership with Little Caesars

Uber expands ‘Reserve’ to six more cities in India, also opens up cash payment option for planned travel seekers

Uber expands ‘Reserve’ to six more cities in India, also opens up cash payment option for planned travel seekers Uber has announced the expansion of ‘Reserve’ across six more cities in India, providing riders across the option to pre-book their rides – 30 minutes to 90 days ahead of their travel. Uber Reserve will now… Continue reading Uber expands ‘Reserve’ to six more cities in India, also opens up cash payment option for planned travel seekers

Cruise robotaxis now run all day in San Francisco, with public access after 10 p.m.

A Cruise vehicle in San Francisco, California, on Wednesday Feb. 2, 2022. David Paul Morris | Bloomberg | Getty Images Kyle Vogt, CEO and founder of GM-owned autonomous vehicle company Cruise, announced Tuesday that the company’s robotaxis are now running around the clock in San Francisco. The company’s paid, driverless service is a step towards… Continue reading Cruise robotaxis now run all day in San Francisco, with public access after 10 p.m.