Uber has announced that it will expand its partnership with Alphabet's Waymo and expects to launch a self-driving car service in Austin, Texas, and Atlanta, Georgia, early next year.

Recently, Uber CEO Dara Khosrowshahi expressed three major concerns about Tesla's upcoming Robotaxi program.

Uber returned to profitability in its second-quarter earnings report, driving shares up nearly 11 percent.

BYD will deploy 100,000 electric vehicles on the Uber platform and offer drivers lower vehicle prices and financing options. The collaboration will start in Europe and Latin America, excluding the US market.

Uber's revenue in the first quarter exceeded expectations, reaching $10.13 billion, but the stock price fell by more than 5% due to increased losses caused by investment revaluation.

On January 16th, Uber announced that it is collaborating with Tesla and will offer up to $2000 in rewards to drivers who purchase Tesla Model 3 or Model Y.