Auto IndustryNov 13, 2020
GoogleArro

Uber selling ATG?

Uber is in talk to sell ATG to Aurora. Can anyone confirm? What does this implicate? I thought prop 22 was gonna bring the company some upsides. https://techcrunch.com/2020/11/13/uber-in-talks-to-sell-atg-self-driving-unit-to-aurora/amp/

Uber in talks to sell ATG self-driving unit to Aurora
Uber in talks to sell ATG self-driving unit to Aurora
TechCrunch
Lyft Gstuij6 Nov 13, 2020

What would happen to their Uber RSUs?

Intuitive Surgical Patients#1 Nov 13, 2020

Vested RSUs are theirs. Otherwise becomes Aurora Equity which is worth 💩 until IPO.

Lyft Gstuij6 Nov 13, 2020

Ew. That sucks.

Uber Uberbatam Nov 13, 2020

Atg is the only few AV company gives public stock , right? (How about lyft)So . This just make ATg the same as other AV company.

Thermo Fisher JtIb24 Nov 14, 2020

I am in the process of interviewing with UBER ATG in Pittsburgh. I feel very concerned looking at what/how UBER is doing recently. Does not look like they found a sustainable business model after being hit very hard by the pandemic. ATG is supposed to be the research arm that was always going to be capex heavy until there is a commercial product out there. But these knee jerk selling strategies are putting me off.

Uber Uberbatam Nov 14, 2020

U should avoid atg now

Google L5SEE Nov 13, 2020

Knowingly selling a bag load of shite. Good job

New
avforme Nov 15, 2020

Recently read an article about how ATG’s cars can’t even do basic shit like drive two miles without the operator having to intervene. Not surprised they’re looking to sell.

Lyft RADIO_GAGA Nov 15, 2020

That’s worse than level 5

Uber ewesirnaam Nov 16, 2020

Heavily dependent on location. Not saying things are rosy, but that’s a biased picture.