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Its second quarter earnings report revealed a $5 billion loss. And, internationally that’s not just Lyft. It continues to lose money on rides, and, despite scale, Uber hasn’t been able to differentiate itself from competitors with technology that markedly improves the experience or lowers the price. That’s because the economics of its current business are not good. He’s been with Uber since 2015.ĭepending on who you believe, Uber may-or may not-live and die by ATG’s success. He heads Advanced Technologies Group (ATG), the Pittsburgh-based slice of Uber charged with making self-driving cars a reality.

Eventually, Eric Meyhofer stepped on stage. Lil Nas X and Post Malone blared from the speakers. The faint outline of a self-driving car appeared every so often on screen, a reflection of light sliding slowly across it. Inside was concrete everything, except for a stage flanked with a projector and floor-to-ceiling windows that offered damn incredible panoramic views of the city. Tuesday, a pack visited an empty 12th floor on the development’s cockeyed first structure. The company will take up residence in the gleaming new buildings that sit on the eastern edge of Deep Ellum, a development called The Epic on North Good-Latimer Expressway. Soon, Uber will move a lot of people to Dallas.