Tesla's robotaxi plans pressure rideshare stocks Uber, Lyft
Shares of TSLA (TSLA) are trading higher Wednesday, fueled by the electric vehicle maker's ambitious robotaxi plans. While details surrounding the project and its timeline remain somewhat a mystery, ride-share stocks like Uber (UBER) and Lyft (LYFT) are under pressure due to heightened competition concerns.
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This post was written by Angel Smith