4 Things Investors Need to Know About Uber's $1.25 Billion Robotaxi Deal With EV Maker Rivian

Ride-sharing company Uber Technologies (NYSE: UBER) is throwing its hat in the robotaxi ring. Yesterday, Uber inked a $1.25 billion deal with EV maker Rivian Automotive (NASDAQ: RIVN) to aggressively expand its robotaxi capabilities. The move comes as competition intensifies in the robotaxi space, with Tesla -- the largest electric vehicle (EV) stock on the planet -- planning to invest heavily in the robotaxi market. That market opportunity, at least according to some experts, could be worth $5 trillion t ...