Uber CEO Dara Khosrowshahi stated on February 21, 2025, that the Trump administration is actively embracing technology, a departure from previous administrations. Speaking at the FII conference in Miami, Khosrowshahi noted the administration's active and participatory role in AI, rather than a defensive stance. This political alignment could foster a more favorable regulatory environment for Uber.
Khosrowshahi also expressed strong support for President Trump's belief in eliminating taxes on tips, calling it a 'terrific idea.' He suggested that with some reform of the insurance system, inflation relief could be achieved, allowing a higher percentage of earnings to go to drivers. This potential policy change could significantly benefit Uber drivers and, by extension, the platform's attractiveness.
Regarding autonomous vehicles, Khosrowshahi confirmed that Uber has had conversations with Tesla, but Tesla currently prefers to build robotaxis alone. Despite this, he emphasized that it makes 'a ton of economic sense' to partner with Tesla for robotaxis and reiterated Uber's desire to have Tesla's robotaxis on its network. This provides insight into Uber's competitive strategy and its open approach to AV partnerships.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.