Uber, Lyft Shares Rise 10% After Tesla's Robotaxi Event
Shares of rideshare companies Uber Technologies and Lyft on Friday climbed after Tesla failed to impress investors' with its Robotaxi reveal. Uber's shares rose 9.8% to $85.53, hitting an all-time high in midday trading, and Lyft's stock climbed 10% to $13.68. Meanwhile, Tesla shares declined 8.1% to $219.34.