Uber Technologies, Inc.
Investment Thesis
Despite recent AV partnership momentum, Uber faces immediate margin compression from surging oil prices ($100+) that disproportionately impact non-EV fleet operations. The Iran oil crisis creates a structural headwind as fuel costs erode driver economics and platform take-rates, while the 2027-2028 AV deployment timeline leaves Uber exposed to prolonged margin pressure without near-term mitigation.
Why It May Work
Why It May Not Work
Timeline
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