Uber to invest up to $1.25 billion in Rivian
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Rivian stock price has moved sideways in the past few weeks. Uber unveiled a large investment in the company this week. The stock has formed a triangle pattern pointing to a big move. Rivian stock remains on edge today,
Uber announced today a partnership to put 50,000 Rivian Robotaxis on the road, including in San Francisco. A report issued this week by the nonprofit Consumer Watchdog found that a ballot measure the company is pursuing in California for 2026,
Uber plans to deploy 10,000 fully autonomous Rivian R2 robo-taxis across 25 cities worldwide by the end of 2031.