Uber Stock Soars After Lucid Robotaxi Debut at CES 2026
Uber unveils autonomous robotaxi with Lucid and Nuro at CES, powered by Nvidia tech. Bay Area launch planned for 2026 with testing already underway.
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Lucid EV Deliveries Beat Expectations Despite Industry Headwinds
Lucid Group reports Q4 2025 deliveries of 5,345 vehicles, surpassing estimates as new Gravity SUV helps offset expired tax credits and weakening demand for premium EVs.
Rivian Surges as Self-Driving Tech Impresses Analysts
Rivian shares surge to nearly 2-year high as analysts praise custom autonomous driving chip and affordable AI features, positioning company as potential #2 EV player in North America.
Morgan Stanley Turns Cautious on Rivian Amid Prolonged EV “Winter”
Morgan Stanley downgrades Rivian to Underweight, keeping a $12 price target. The firm expects the EV slowdown to continue through 2026 while showing more confidence in traditional engines and hybrids.
Uber Teams Up with Lucid and Nuro to Launch Robotaxis in San Francisco
Uber is entering direct competition with Waymo by launching driverless rides in the San Francisco Bay Area next year, using Lucid Gravity SUVs equipped with Nuro's tech.
General Motors Takes $1.6 Billion Charge to Right-Size EV Capacity
GM booked a $1.6B charge, reducing its EV production plans. Demand is slower than expected due to gov't ending tax credits and changing rules.