Uber’s Massive Shift: $10 Billion Push into Self-Driving Cars
Uber is investing $10B in self-driving cars and robotaxis, shifting from not owning cars to owning fleets to stay competitive.
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Rivian Delivers 10,365 Vehicles in Q1 2026 – Beats Analyst Forecasts
Rivian beat Q1 delivery forecasts, demand is stabilizing, and a cheaper R2 model plus an Uber deal could boost future growth.
Uber Bets $1.25 Billion on Rivian Robotaxis: 50,000 Self-Driving R2s by 2031
Uber commits up to $1.25B in Rivian to deploy 10,000+ autonomous R2 robotaxis starting 2028 in SF & Miami (first phase), expanding to 25 cities by 2031. Exclusive on Uber app.
Lucid Takes Aim at Tesla: Unveils Cybercab-Like Robotaxi Concept and $69–$199 Self-Driving Subscription
Lucid steps up competition against Tesla by unveiling a two-seater robotaxi concept called Lunar (no steering wheel!) and a flexible self-driving subscription. Meanwhile, Rivian reveals higher launch pricing for its R2 SUV.
TD Cowen Turns Upbeat on Rivian – $20 Target as R2 Could Crush Forecasts
TD Cowen upgrades Rivian to Buy from Hold with $20 price target after strong R2 demand analysis (212K-335K units). Bullish ahead of March 12 reveal as shares dip 20% YTD.
Bank of America Downgrades Rivian & Lucid, Upgrades GM & Ford in EV Slowdown
BofA updates ratings on Rivian, Lucid, GM, and Ford. EV startups face headwinds from slower adoption, while traditional giants like GM and Ford benefit from regulatory changes favoring gas-powered trucks and SUVs.