Gary Black Says Uber, Not Tesla or Waymo, Has the Best Shot at Bringing Robotaxis to the Masses

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Investor Gary Black of The Future Fund LLC has backed ride-hailing giant Uber Technologies Inc. as his pick to lead the autonomous ride-hailing market ahead of the likes of Alphabet Inc. 's Waymo and Elon Musk 's Tesla Inc. .

In a post on X , Black responded to user @PME2717 who said that being bullish on Uber was not a smart move as the company was like the video rental company Blockbuster Inc . in a world of streaming platforms like Netflix Inc. .

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"When I think of who has the best chances of offering fully autonomous ride hailing to the masses," Black said, "it's clearly Uber," the investor said. He added that his bullish stance on Uber stemmed from the company's "open source supplier model." He added that Blockbuster did not adapt to the advent of streaming.

When I think of who has the best chances of offering fully autonomous ride hailing to the masses, it's clearly $UBER given their open source supplier model. Blockbuster never adopted to streaming.

Uber held its second-quarter 2026 earnings call on Wednesday, reporting revenue of $14.19 billion for the quarter, which was up 12% YoY. However, the revenue figure was still slightly below analyst estimates of $14.24 billion. Uber matched the analyst consensus of EPS earnings of 81 cents per share.