Uber CEO Unveils Plan to Make Rides Cheaper, Reveals Own Uber Rating, and Launches "Party Bus"

Morning Brew Daily

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4.4 • 3K Ratings

🗓️ 16 May 2024

⏱️ 39 minutes

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Summary

Uber CEO Dara Khosrowshahi joins Morning Brew Daily for an exclusive interview where he discusses Uber's focus on affordability, which includes scheduling UberX Shares and launching shuttles that will take customers to and from concerts and events for a lower fare. He also shares his thoughts on autonomous vehicles and EVs. And where does Uber stand on competition with Lyft and Tesla? Plus, a deep dive into Uber's ad business, their new partnership with Instacart and will Uber really pull out of Minneapolis? Then, Dara explains what his biggest challenges were when taking over for former CEO Travis Kalanick and how playing Dungeons and Dragons has inspired his leadership style. And finally, what is the CEO of Uber's.... Uber rating? 00:00 - Uber CEO Dara Khosrowshahi joins MBD 01:00 - Launching UberX Share 02:45 - Uber Shuttle to concerts 06:40 - Autonomous vehicles 12:40 - Uber’s EV projection 15:00 - Uber and Minneapolis 17:00 - Competition with Lyft 17:45 - Instacart deal with Uber Eats 21:00 - Surge pricing’s future 23:15 - Uber ad business 26:00 - Uber Direct 28:00 - US attracting leadership 30:15 - Taking over as Uber CEO 32:35 - Biggest regret at Uber 35:10 - Dungeons and Dragons lessons 37:25 - Dara’s Uber rating Want more interviews with CEOs of public companies? Check out After Earnings, a new podcast from Morning Brew and Stakeholder Labs: https://link.chtbl.com/s86bWrvf Get your Morning Brew Daily Mug HERE: https://shop.morningbrew.com/products/morning-brew-daily-mug?utm_medium=youtube&utm_source=mbd&utm_campaign=mug Listen to Morning Brew Daily Here: https://link.chtbl.com/MBD Watch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Good morning brew daily show I'm Neil Freiman and I'm Toby Howell. Today is a special bonus episode of morning brew daily
0:08.3	Uber CEO Dara Kostrasahi dropped by the studio yes another fortune 500 exact jumping on
0:14.8	M vD for a surprise interview we're making this a bit of a habit Neil. Dara came
0:19.2	straight from Uber's big annual product event so he had a lot on his mind.
0:23.5	He talked plans for making rides more affordable, cleaning up after Travis Kalinik, kicking
0:28.2	lifts ass.
0:29.3	That's a real quote by the way.
0:30.8	And how the Ara's tour helped inspire Uber's latest innovation.
0:34.2	It was a fantastic conversation.
0:36.6	Now, let's ride.
0:38.4	So Dara, you just jumped off stage at your own event, but I want to start out by
0:46.4	touching on something you said at another conference, South by Southwest, back in March.
0:51.5	You said that Uber is a middle class or upper class product, but you wanted
0:55.6	to get it to be more affordable for consumers. A lot of people listening to this may have
0:59.6	had that moment where they opened the Uber app and they're like, whoa, how do the features you just announce at your Go Get event
1:05.5	address those concerns?
1:07.0	Well, we wanted to hit those concerns head on,
1:10.2	especially in a world where everyone's talking about inflation
1:14.5	uh... and inflation is hitting everyone's pocketbooks
1:17.5	one of our goals as a company is like how do we keep working to actually reduce the
1:21.7	price of our services.
1:22.8	Like that's a goal for the company going forward.
	...

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