Ross Gerber Calls Uber's 3,300 Job Cuts ‘First Victims of the AI Era’—One Day Before Tesla Cybercab Launch
Ross Gerber links ride-hailing giant Uber’s 10% layoffs to AI and its autonomous push, timed with Tesla’s Cybercab launch.
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Lucid shares decline despite reporting higher Q2 production and deliveries, as investors focused on the company's CFO change.
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Ross Gerber links ride-hailing giant Uber’s 10% layoffs to AI and its autonomous push, timed with Tesla’s Cybercab launch.
Uber cuts 3,300 jobs (10% of staff) to slash management layers and simplify operations, bringing total workforce under 30,000.
President Donald Trump recently claimed the U.S. has “total control” over the Strait. NVIDIA acquire Hugging Face for $12.93 billion.
XPeng (XPEV) reports 39,107 August deliveries while stock faces key resistance at $12.50. Read the latest financial and chart breakdown.
Li Auto delivered 37,679 EVs in August, up 32% year-over-year. Get the full delivery breakdown and Q3 outlook.
NIO reports August deliveries of 35,836 vehicles, up 14.5% YoY. Core NIO brand sales double, offset by weaker ONVO figures.