Uber Stock Defies Tesla Robotaxi Launch with 65% YTD Surge

Uber Technologies Inc. continues its remarkable rally, climbing over 65% year-to-date despite competitive pressures from Tesla's robotaxi debut. The ride-hailing giant now trades at record highs, cementing its position as a top mobility stock. Strategic alliances with autonomous vehicle pioneers like Waymo and aggressive international expansion have reignited investor interest following 2024's underperformance.

The San Francisco-based company's diversified growth strategy—spanning Core ride-sharing, delivery services, and twelve global automotive partnerships—forecasts 15% revenue growth for 2025. This performance ranks Uber as the seventh-best S&P 500 constituent this year, with analysts noting untapped potential remains.

"The market finally recognizes the value of Uber's aggregation model," said David Wagner of Aptus Capital Advisors, while cautioning about limited near-term catalysts. The firm's collaboration with mobility fintech Moove underscores its strategic positioning in the autonomous vehicle ecosystem.