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Tesla (TSLA) closed the trading day as a big winner with the Trump administration reportedly considering pumping the brakes on full-self driving regulations. A smaller name gaining lots of speed on the news: Aurora Innovation (AUR).
Aurora Innovation, Inc. (NASDAQ:AUR ) Q3 2024 Earnings Call October 30, 2024 5:00 PM ET Company Participants Stacy Feit - Vice President, Investor Relations Chris Urmson - Co-Founder and Chief Executive Officer David Maday - Chief Financial Officer Conference Call Participants George Gianarikas - Canaccord Genuity David Vernon - Bernstein Mark Delaney - Goldman Sachs Jeff Osborne - TD Cowen Operator Greetings and welcome to the Aurora Third Quarter 2024 Business Review Call. [Operator Instructions] As a reminder, this conference is being recorded.
Aurora Innovation is poised to launch a viable autonomous trucking solution soon, with a likely first-mover advantage and strong partnerships. AUR's limited competition could enable it to secure lucrative customers and market share quickly. Uber's significant investment and partnership with Aurora suggest strong support and potential discounts for Uber Freight customers to adopt Aurora's technology.
Self-driving technology company Aurora Innovation is looking to raise hundreds of millions in additional capital as it races toward a driverless commercial launch by the end of 2024.
Self-driving technology company Aurora Innovation is looking to raise hundreds of millions in additional capital as it races towards a driverless commercial launch by the end of 2024.
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An 18-wheel tractor-trailer navigated a curve on a three-lane test track alongside the Monongahela River, with no occupants inside.
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