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Uber Investors Are Pressuring CEO to Revamp the Self-Driving Division

Once deemed a front-runner in autonomous vehicles, the ride-hailing giant is struggling with its software and losing some of its best brains.

Dara Khosrowshahi has been encouraged to re-evaluate Uber’s self-driving program, and is weighing the options. — Dara Khosrowshahi has been encouraged to re-evaluate Uber’s self-driving program, and is weighing the options.
Photographer: Samyukta Lakshmi/Bloomberg

By

Lizette Chapman

September 21, 2020, 9:00 AM UTCUpdated onSeptember 21, 2020, 7:45 PM UTC

From

With deep pockets, some of the best brains in robotics and its hallmark hustle, Uber Technologies Inc. was once a serious contender in the race to build self-driving cars and revolutionize global transportation.

Today, the effort is lagging far behind rivals, and investors are getting antsy about the rationale for continuing a long-term science project that isn’t helping Uber become profitable or safeguarding its future.