Uber has been on a particularly wild ride over the past month. Tesla’s much-hyped “Robotaxi Day” on Oct. 10 turned out to be a bit of a bust for its investors given the canned demos and lack of details about the company’s plans. But that turned out well for Uber: Its stock had been under pressure for much of the year because of worries about the prospect of Tesla launching a fleet of self-driving cabs and a network to run them on. The ride-hailing pioneer’s stock jumped nearly 11% the day after the event.
Tesla’s third-quarter earnings call two weeks later seemed to revive those fears, though, as Elon Musk said the company plans to roll out a ride-hailing service in California and Texas next year. Mid-October also brought a report from the Financial Times that Uber was considering an acquisition of Expedia, the online travel marketplace valued at the time at just under $20…
