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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?
  • Five stocks to consider instead of Lyft.

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Should You Invest $1,000 in Lyft Right Now?

Before you consider Lyft, you'll want to hear this.

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While Lyft currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

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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)
4.2548 of 5 stars
$14.78-4.3%N/A246.33Hold$16.40
Tesla (TSLA)
4.5088 of 5 stars
$325.31+1.9%N/A159.47Hold$293.67
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