Self-driving cars could create a $10 trillion opportunity for the ride-hailing industry, with Tesla leading the development but facing risks. Uber’s unique strategy could position it as a top player in autonomous ride-hailing globally. Uber’s scale and infrastructure mastery make its transition to autonomous vehicles seamless, with partnerships with major developers like Waymo and plans for global deployment. Autonomous vehicles pose less risk to Uber compared to Tesla, with potential for immediate positive financial impact. Uber’s stock looks like a bargain compared to Tesla’s, with a lower valuation and faster revenue growth. Ark Invest predicts a $10 trillion opportunity in autonomous ride-hailing, placing Uber in a better position to capitalize, especially when considering valuation.

Read more at Nasdaq: The Autonomous Vehicle Revolution Is Coming: Should You Forget Tesla and Buy This Glorious Growth Stock Instead?