Autonomous Vehicles DebateThere still is a bear case to disprove and a persistent overhang on the multiple from the Autonomous Vehicles (“AV”) debate.
Autonomous Vehicles ImpactUber bears could point to rapid adoption of Waymos as a sign that consumers are becoming increasingly receptive to AVs, regardless of provider, indicating potential disruption to Uber’s take rate economics as AVs take share within the Uber network.
Consumer Sentiment And DemandNegative signals of a softening consumer include lower consumer sentiment per The Conference Board and U Mich's consumer confidence indices.