With Uber's Upcoming IPO It Seems That Ride-hailing Services Are Here To Stay
With Uber's IPO rumored to launch sometime within the next 24 months, it appears on-demand commuter services are here to stay. Autoblog's Eddie Sabatini reports on this edition of Autoblog Minute, with commentary from Autoblog Green's Sebastian Blanco.
Uber's rapid ascent is only going to continue, according to company data for investors obtained by Reuters. The ridesharing service predicts bookings to triple in 2015 and 2016, and an IPO might be on the way in that time.
Model X Configurator Comes Online In Three Weeks, Deliveries In September
The Tesla Motors Q2 earnings call with financial analysts revealed a number of interesting things about the company's current operations and future plans, including the possibility of creating its own autonomous ridesharing fleet.