Uber CEO says autonomous ride margins will take years to grow
Briefly

Uber Technologies Inc. is prioritizing safety over profits in its development of autonomous driving technology, hoping to build trust among riders before focusing on economics.
CEO Dara Khosrowshahi stated, 'The most important factor is, 'Can we make this technology safe?' Can we build trust for riders?' Emphasizing safety is paramount.
'Safety is job number one,' Khosrowshahi mentioned, indicating that focus on the economic aspects will come in three to seven years after ensuring safety.
Khosrowshahi addressed Wall Street's concerns over competition from Tesla's robotaxis, emphasizing that an autonomous future allows for collaboration among manufacturers rather than a single winner.
Read at Fortune
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