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Robotaxi News: What Tesla and Lyft Headlines Mean for Shares

Key Points

  • Tesla and Lyft each recently had interesting news come out surrounding their ambitions to offer autonomous vehicle (AV) ride-hailing services.
  • Does Tesla's permit approval in California have implications for the stock?
  • How do Lyft's plans to launch autonomous ride-hailing in 2025 position it against Uber? Which stock looks like the better robotaxi bet at this point?
  • MarketBeat previews the top five stocks to own by May 1st.

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Leo Miller
About The Author

Leo Miller

Contributing Author

Fundamental Analysis, Economics, Industry and Sector Analysis

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Companies Mentioned in This Article

CompanyMarketRank™Current PricePrice ChangeDividend YieldP/E RatioConsensus RatingConsensus Price Target
Lyft (LYFT)
4.6254 of 5 stars
$12.28-2.1%N/A204.67Hold$16.45
Tesla (TSLA)
4.1582 of 5 stars
$278.90-4.5%N/A136.72Hold$287.46
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