Tesla, Rivian, and Uber Are Down Between 16% and 26%. Here's the Best Buy for the Robotaxi Takeover.
Tesla, Rivian, and Uber are all down this year, but only one of them profits no matter which robotaxi technology wins.
Overview
Tesla (NASDAQ: TSLA) is down about 16% in 2026 as is Uber (NYSE: UBER). Rivian (NASDAQ: RIVN) is down roughly 26%. Sometimes it's been worse for each them this year. These are three very different companies, one shared storyline: robotaxis are coming, and Wall Street can't yet decide which wins. I think the answer is hiding in plain sight, in a way most investors slept on.
Image source: Getty Images.
Tesla's robotaxis already drive without a safety monitor in Austin, Texas, Dallas, Houston, and Miami. No person behind the wheel. No person in the passenger seat watching, either. That's a real risk and a big nod of progress. Elon Musk said in January that it would go nationwide by year-end, per CNBC. Maybe. Musk's timelines have a habit of slipping.
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Originally published at www.fool.com.