"Uber Achieves First-Ever Annual Profit Milestone Amid EV Innovation and Gig-Economy Growth"
TL;DR Summary
Uber reports a full-year profit, Ford is working on a low-cost EV, and Fisker faces troubling issues with its Ocean SUV. Joby Aviation announces an agreement with Dubai regulators to launch air taxi services by early 2026. Additionally, various startups in the EV space secure significant funding, while Waymo's robotaxi strikes a bicyclist and is vandalized. Arrival's UK division enters administration, and Ford's skunkworks project in California, led by ex-Tesla and Ford Advanced EV development boss Alan Clarke, is working on a low-cost EV.
- Uber hits a profit milestone, Ford builds an EV skunksworks and Fisker fumbles TechCrunch
- Uber ends the year in the black for the first time ever The Verge
- Uber 'just started to flex its platform muscle': Can other gig-economy players? MarketWatch
- Uber Earnings: Ride-Share Company Posts First Annual Profit Since IPO - WSJ The Wall Street Journal
- Dara Khosrowshahi: the 'adult in the room' who steered Uber to profit Financial Times
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