Uber investors are pressuring CEO to revamp the self-driving division


A self driving Volvo vehicle, purchased by Uber, moves through an intersection in Scottsdale, Arizona. Uber’s self-driving 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 the company become profitable or safeguarding its future. — Reuters

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 revolutionise 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.

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