Uber to invest $1.25 billion in Rivian
Digest more
While Nancy Guthrie remains missing, more details are surfacing during the intense investigation, including the Uber ride the 84-year-old took the night before she disappeared, RadarOnline. com can reveal.
Deutsche analysts say Uber will be a big winner in the coming driverless car boom. The bank's price target for the stock suggests nearly 40% upside.
Autonomous vehicles may eventually change the supply of rides, but they may not eliminate the need for ride-hailing platforms.
Uber will invest up to $1.25 billion in Rivian in the next five years, with an initial batch of 10,000 R2 robotaxis already on order.
Travis Kalanick said Tesla had the technical "fundamentals" needed to execute its robotaxi vision — but said that it faced a more uncertain timeline.
The announcement of a robotaxi partnership between Uber (NASDAQ: UBER | UBER Price Prediction) and Rivian (NASDAQ: RIVN) has many holes. The headline of their press release was “Uber and Rivian Partner to Deploy up to 50,