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Robotaxi News: What Tesla and Lyft Headlines Mean for Shares

Key Points

  • Tesla and Lyft each recently had interesting news come out surrounding their ambitions to offer autonomous vehicle (AV) ride-hailing services.
  • Does Tesla's permit approval in California have implications for the stock?
  • How do Lyft's plans to launch autonomous ride-hailing in 2025 position it against Uber? Which stock looks like the better robotaxi bet at this point?
  • Interested in Lyft? Here are five stocks we like better.
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Leo Miller
About The Author

Leo Miller

Contributing Author

Fundamental Analysis, Economics, Industry and Sector Analysis

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Companies Mentioned in This Article

CompanyMarketRank™Current PricePrice ChangeDividend YieldP/E RatioConsensus RatingConsensus Price Target
Lyft (LYFT)
4.7091 of 5 stars
$11.87+2.6%N/A197.83Hold$17.03
Tesla (TSLA)
4.5769 of 5 stars
$259.16-1.7%N/A127.04Hold$317.75
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