"Uber is selectively using its balance sheet to underwrite vehicle purchases and support OEM supply chains to secure its long-term position as the leading AV network."

"The bull case argued for Uber is that it is a logistics and network scale winner, making it the ultimate aggregator for autonomous vehicle (AV) fleets rather than a casualty of them."

"The thesis argues that electric vehicle startups like Tesla, Rivian, and Scout Motors are successfully challenging state franchise laws to sell directly to consumers."