An Open Letter to $UBER CEO Dara Khosrowshahi @dkhos Dara, If Uber wants a real shot at winning the autonomous vehicle race and securing its future, you have to go all in on owning the full stack. You’re missing just one thing - the vehicles! The solution: Buy Rivian! $RIVN Partnering with Waymo and others may seem like a safe play, but it’s a losing hand long-term. Here’s why: • In-House Tech Wins Wars. Apple controls the iPhone stack (hardware, software and app ecosystem). Tesla controls the EV stack (battery, software, vehicles and charging). That’s why each dominate. Uber must do the same. It needs to own ride-sharing platform, but also the vehicles and AI for autonomy. • Tesla’s $TSLA Robotaxi Fleet Will Crush You. Tesla is building fully autonomous vehicles at a cost of under $30,000. That gives them massive pricing power, and once they scale, they’ll undercut Uber and take the market. Uber’s massive user base will only be an advantage for a brief time. Eventually, a massive price difference will shift who wins the market. • Waymo & Others Are Protecting Themselves, Not Uber. They’ll always prioritize their own platforms. What happens when Waymo scales and cuts off its Uber partnership in favor of its own app at a lower price? Uber gets sidelined. Any AV partnership, especially with a technology company is a short-term strategy at best! • Rivian Is the Only Real Alternative to Tesla. Rivian is the only other automaker with a serious autonomy strategy already in motion. Their latest vehicles come with fully integrated surround cameras and AI/autonomy computers—just like Tesla. With Uber’s resources and focus, Rivian’s autonomy roadmap can be massively accelerated. • Together, You Can Fast-Track Autonomy. Uber brings unmatched real-world customers, driving data, and operational expertise; Rivian brings cutting-edge EV platform and embedded autonomy hardware. Combine forces, and you can fast-track a true Tesla competitor before it’s too late. • This Is a Multi-Trillion-Dollar Opportunity. The robotaxi and autonomy market is expected to generate trillions in revenue and market cap over the next decade. With in-house tech and a dominant position, Uber has a real shot at becoming a multi-trillion-dollar company. It’s either that, or Uber will die. You can either disrupt yourself or let Tesla do it for you. This is the moment. Be bold. Think bigger than partnerships. Own the future. - Hamid Shojaee
