Uber’s Game-Changing Shift: Tesla Partnerships, New Growth Strategy, and the Secret to Profitable Expansion  

Uber Technologies, Inc. delivered a robust performance in the third quarter of 2024, characterized by significant growth in gross bookings, profitability, and strategic advancements in newer market segments and technologies. The company reported a 20% year-on-year increase in gross bookings in constant currency terms, highlighting sustained demand across its diverse portfolio. Financially, Uber achieved an all-time high in GAAP operating profits, surpassing $1 billion, reflecting operational efficiencies and successful scaling of new and existing services. This financial milestone is indicative of effective cost management and optimized resource allocation within the company.