Ridesharing giants Uber, Lyft jump after Tesla's 'toothless taxi' fails to excite investors

In this article LYFT UBER TSLA The Uber logo is seen in the rain in Krakow, Poland, on January 6, 2024. Klaudia Radecka | Nurphoto | Getty Images Tesla's hyped robotaxi unveiling posed a threat to Uber's ride-sharing aspirations, but it's turned into a boon for the stock instead. Uber shares had been falling on the initial investor excitement leading up to Thursday's event — particularly slumping in early August and mid-September — but surged more than 9% on Friday on renewed enthusiasm that the company is ...