Overview
- Uber beat expectations with adjusted EPS of $0.72 and 25% growth in gross bookings to $53.7 billion, and the stock rose about 7.6% on the report.
- Management guided second‑quarter gross bookings to $56.2 billion to $57.7 billion, topping analyst forecasts and signaling steady demand in rides and delivery.
- Press reports say Uber is lining up more than $10 billion for robotaxis, including about $2.5 billion for equity stakes and $7.5 billion for fleet purchases from 2027, and the company has not confirmed those figures.
- Coverage also details vehicle supply moves, including a reported $1.25 billion Rivian deal for up to 50,000 R2 SUVs, plus work with Nuro and Lucid using Nvidia’s Drive platform and planned driverless testing in California.
- Analysts say robotaxis will rely on electric cars, with market estimates ranging from roughly $100 billion by the early 2030s to multitrillion‑dollar scenarios, and McKinsey projects broader adoption around 2030.