Lucid X Uber: The Alliance That Could Rewrite Autonomy

Julia Ostian
1.59K Followers

Summary

  • Uber Technologies, Inc.'s partnership with Lucid and Nuro to deploy 20,000 autonomous SUVs marks a major, real-money commitment to AV, not just another hype cycle.
  • Lucid's advanced EV tech is validated by this deal, but its financial struggles and execution risks remain—this is not an instant turnaround.
  • Uber gains strategic control over its AV future, cutting labor costs and owning the customer relationship, making this a meaningful catalyst for the company.
  • The true test begins next year with the rollout; if successful, this partnership could reshape the AV landscape, but execution and adoption are key.

Self Driving Taxi

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Introduction

There are always many announcements in the AV space. Something always happens, but most of the time it doesn’t send a single stock flying double digits on the news announcement. But this one is different, and I must say, pretty exciting. It involves

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1.59K Followers
I’m passionate about finance and investing, focusing on business analysis, fundamental analysis, valuation, and long-term growth, especially in sectors like AI, fintech, finance and tech. I study finance and economy and have hands-on experience in equity research, financial modeling, and creating investment content. I actively analyze publicly traded companies with a focus on business models, earnings performance, and competitive positioning. I also run a finance-focused YouTube channel called “The Market Monkeys”, where I share my thoughts on investment strategies, earnings reports, and market trends. I joined Seeking Alpha to contribute thoughtful, research-backed analysis that helps other investors make better decisions. My goal is to offer clear, unbiased insights into companies' strengths, risks, and valuation to help readers to build their unique opinion and investment strategy.

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