In recent years, rideshare services have taken off in popularity. With the newfound capability of hailing a ride at almost any day or time straight from your smartphone, services like Uber and Lyft have become a part of everyday existence,
Full self-driving (FSD) vehicles are coming to Austin, Texas, this summer, according to Elon Musk. On an earnings call, Musk announced a tentative start for his robotaxi service. This will be limited to Tesla’s fleet and won’t include any customer cars, though using your own Tesla as an autonomous Lyft or Uber could happen in the future.
Shares of Uber (NYSE:UBER) and Lyft (NASDAQ:LYFT) moved lower on Thursday, with Uber's stock declining 3.4% and Lyft's stock falling 3%, amid positive comments from Tesla (NASDAQ:TSLA) about its upcoming robotaxi efforts.
Alphabet-owned Waymo plans to test its autonomous taxis in cities including Las Vegas and San Diego this year.
The average fuel price in state has risen about 8 cents since last month. According to the EIA, gas prices across the state in the last year have been as low as $2.51 on Dec. 16, 2024, and as high as $3.27 on May 6, 2024. A year ago, the average gas price in Texas was 2% lower at $2.61 per gallon.
A more favorable federal regulatory and legislative environment may help propel the growth of driverless ride-hailing vehicles in the United States.
Detroit-based rapper Dank Demoss has alleged that a Lyft driver refused her a ride because of her weight. She's now suing Lyft.
Dank Demoss, who refers to herself as a plus-sized rapper, in a Jan. 19 post on Instagram claims that a Lyft driver refused her a ride because of her weight. The post also included a video of the encounter that Demoss had recorded.
Read here for a financial analysis of Avride in the robotaxi market, potential investors, and implications for Nebius Group's valuation.
Austin’s median rent price dropped 7% year over year, as real estate experts track continual price declines in the Texas capital.
Newly released statistics from 2023 show that minors in Texas are traveling out of the state to have abortions and the numbers are rising.