Lyft's Bet on Autonomous Vehicles: Can It Pay Off?

Lyft (NASDAQ: LYFT) has spent most of its public life in the shadow of Uber Technologies, fighting to prove that a smaller, more focused ride-hailing player can still win. Over the past year, the company has impressed Wall Street by stabilizing its business, improving cash flow, and showing it can operate profitably.But Lyft isn't just tightening its core operations. It's also making a calculated bet that autonomous vehicles (AVs) could transform its business model -- and maybe give it a new edge in the ride-hailing race. The big question: Can Lyft's AV strategy pay off before larger players or technology leaders capture the market?Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool