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Uber advised to sell off its self-driving unit after incurring losses of up to $200 mn

Uber is due to release its second-quarter earnings to investors.

|Aug 16, 2018, 07:44:47 IST

Investors have told Uber Technologies Inc it would be wise to sell off its self-driving car unit after it racked up losses of $125 million to $200 million each quarter for the past 18 months, tech news site The Information reported on 15 August, citing an unnamed person familiar with the issue.Uber did not immediately respond to a Reuters request for comment.[caption id="attachment_4974011" align="alignnone" width="1280"] The logo of Uber is pictured during the presentation of their new security measures in Mexico City, Mexico April 10, 2018. REUTERS/Ginnette Riquelme - RC1D5529D940

Representational image.[/caption]Uber is due to release its second-quarter earnings to investors later on Wednesday.

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