Interesting turnaround: just a few years ago $UBER was burning massive amounts of cash and $TSLA had huge margins.
Today the situation is different – Uber is gradually increasing its operating profit and has even overtaken Tesla on the chart.
An example of how quickly a business model can turn around. 🚗📈
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Even from the perspective of stock performance, it’s been visible quite clearly since 2022, when the situation started to shift. $UBER has even managed to outperform Tesla’s shares $TSLA over the past four years. And quite significantly. The ratio is 62% for Uber vs. 31.4% for Tesla.
I'm Team Tesla, but I have to admit that Tesla is behind right now and Uber is gradually overtaking it.
Uber is a great company; it still has huge potential. I hope the next results turn out well.
$TSLA generally has a lot of problems, but with the incoming innovations it could turn things around. Are you invested in $UBER?
Tesla isn't doing so well right now and is going through a rough patch, but I believe it will turn around soon. Robotaxis and Optimus could help Tesla a lot.