There haven't been a lot of changes automobile transportation over the past century. Sure, EVs have changed the drivetrain, but people are still buying cars that sit in the garage 95% of the time. In this video, Travis Hoium highlights a company that's changing the transportation business model and could be incredibly valuable as a result.
*Stock prices used were end-of-day prices of Sept. 20, 2023. The video was published on Sept. 22, 2023.
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Travis Hoium has positions in General Motors. The Motley Fool has positions in and recommends Uber Technologies. The Motley Fool recommends General Motors and recommends the following options: long January 2025 $25 calls on General Motors. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.