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Lyft’s CEO on the economics of robotaxis, how to end surge pricing, and reviving his company

Lyft has long had a reputation on Wall Street for living under the shadow of Uber, its larger and more profitable competitor. But if you ask CEO David Risher, the company is in the middle of a major turnaround, even if it’s taking the Street a while to get up to speed. The ride-share company recently reported its third consecutive profitable quarter after years of losses and is dipping into new markets. “People have this mindset of somehow if you’re smaller than the other guy in the market, you ...

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