Uber (UBER 0.10%) is the ride-sharing leader, but it's getting competition from a growing autonomous fleet run by Cruise. The company even said costs will soon fall below $1 per mile, which will undercut Uber and may make it financially feasible for some not to own a car. In this video, Travis Hoium digs into the latest news. 

*Stock prices used were end-of-day prices of July 25, 2023. The video was published on July 26, 2023.