Key Takeaways Uber plans to invest up to $1.25B in Rivian to deploy 10,000 autonomous R2 robotaxis. Rollout begins in 2028 in two cities, with expansion to 25 cities by 2031. Uber is partnering widely, including with Zoox, to scale robotaxis without heavy R&D costs. Uber Technologies’ (UBER) aggressive push into robotaxis is not just a buzzword, but may act as a significant growth catalyst. In its latest move on robotaxis, San Francisco-based Uber has decided to invest over a billion dollars in Rivian Autom ...

The Rivian robotaxis would be available exclusively through Uber's ride-hailing app. Above, Rivian chargers in Charlotte, N.C., in 2024. (Chris Carlson / Associated Press) Uber is expanding its role in the robotaxi industry through a new partnership with Rivian, the Irvine-based electric-vehicle maker. Uber and Rivian announced a partnership Thursday that could bring up to 50,000 self-driving R2 vehicles to cities across the U.S., Canada and Europe by 2031. The Rivian robotaxis would be available exclus ...

Uber says it will invest up to $1.25 billion in Rivian Automotive to help launch up to 50,000 robotaxis. Uber, or its fleet partners, are expected to buy 10,000 fully autonomous Rivian R2 robotaxis, with the option to purchase up to 40,000 more in 2030. The companies said Thursday that initial deployments of the vehicles are expected to begin in San Francisco and Miami in 2028 and will expand to 25 cities by 2031. Uber's investment in Rivian will be spread out up to 2031 and is subject to hitting certai ...

Core Viewpoint - Tesla stock is currently experiencing a decline, but three significant catalysts suggest that it may be a good opportunity to buy the dip now [1] Group 1: China Sales Rebound - Tesla's Shanghai factory delivered 127,728 vehicles in January and February, representing a more than 35% increase from 93,926 in the same period last year after adjusting for the Lunar New Year timing shift [1] - The strong delivery numbers from China are crucial as it is one of Tesla's largest and most competitive markets, helping the stock avoid a four-week losing streak [1] - Tesla's China-made EV sales rose for the fourth consecutive month in February, jumping 91% from a weak year-earlier base [1] Group 2: AI Narrative Enhancement - Elon Musk unveiled "Macrohard," a joint Tesla-xAI project aimed at emulating software company functions, which strengthens the perception of Tesla as an AI and automation platform [1] - This shift in narrative could lead to higher valuations for Tesla, as software and AI businesses are often valued more favorably than traditional manufacturers [1] Group 3: Financial Optionality through SpaceX Stake - Tesla received regulatory approval to convert its $2 billion investment in xAI into a stake in SpaceX, which would amount to less than 1% ownership [1] - This strategic move provides Tesla investors with indirect exposure to SpaceX ahead of a potential public listing, reinforcing the argument for a premium valuation tied to Musk's broader business ecosystem [1]

Core Insights - Dealmaking in the international upstream oil and gas market was subdued in 2025, totaling just $18 billion, significantly below the historical average of $60 billion [1][1][1] - The decline in mergers and acquisitions (M&A) activity is attributed to fewer high-quality resources and lower oil prices, with major companies focusing on organic growth rather than acquisitions [1][1][1] Industry Trends - Latin America represented half of the announced international deal value, driven by consolidation in the Vaca Muerta shale formation in Argentina and portfolio repositioning in Brazil [1][1] - Argentina experienced its busiest M&A year since 2014, as regional specialists expanded following the exit of international oil companies [1][1] Company Activities - Vista Energy acquired Petronas Argentina for approximately $1.45 billion, highlighting the trend of independent and private buyers acquiring mature assets from larger firms [1][1] - Oil majors and state-owned firms in Brazil sold mature offshore assets to domestic operators while increasing their focus on deepwater projects [1][1] Future Outlook - Enverus anticipates that international upstream M&A will remain subdued unless more development-stage resources become available, although higher crude prices due to geopolitical events could enhance near-term cash flow for M&A [1][1] - The volatility in commodity prices may widen bid-ask spreads, potentially leading to a downturn in transactions until market stability is restored [1][1]

Core Viewpoint - Tesla is facing a potential third consecutive year of declining electric vehicle deliveries, with analysts significantly reducing their growth forecasts due to increased competition, loss of tax credits, and weak demand for affordable models [1] Group 1: Delivery Estimates and Market Conditions - Analysts have halved their 2026 delivery growth forecast for Tesla to 3.8% from 8.2% in January, with some predicting outright declines [1] - Tesla's vehicle deliveries are expected to drop nearly 5% this year, as the company struggles with competition and regulatory challenges in key markets [1] - The recent launch of cheaper variants of Tesla's popular models has not met expectations, contributing to the decline in demand [1] Group 2: Financial Performance and Cash Flow - Tesla's capital expenditures are projected to double to over $20 billion, leading to expectations of negative cash flow for the first time in seven years [1] - Analysts now anticipate a negative free cash flow of about $5.19 billion on average for Tesla, a significant shift from previous expectations of generating $2.27 billion [1] - Revenue estimates from automotive sales for 2026 have been reduced to approximately $72 billion, down from nearly $138 billion two years ago [1] Group 3: Strategic Focus and Investor Sentiment - Despite declining vehicle sales, investors remain optimistic about Tesla's future due to potential advancements in self-driving software and robotics [1] - The company ended 2025 with $44.06 billion in cash and equivalents, providing some buffer against cash flow concerns [1] - Tesla's valuation, currently at $1.5 trillion, is heavily reliant on the successful rollout of autonomous driving technology and robotaxis [1]

Core Viewpoint - Lucid Motors is preparing for its first-ever Investor Day on March 12, aiming to address profitability concerns and outline plans for revenue growth and its midsize platform program [1]. Group 1: Investor Day and Strategic Plans - The Investor Day will feature Andrew Macdonald, President and COO of Uber, discussing Lucid's autonomous driving plans and the rollout of 'robotaxis,' which could positively impact investor sentiment [2]. - The company has unveiled an ambitious schedule to tackle long-standing profitability issues and enhance revenue growth [1]. Group 2: Stock Performance and Market Sentiment - Lucid's stock has experienced a significant decline, down 89% since its IPO, with a 50% drop over the past year and 46.5% in the last six months [3]. - Recent trading shows a slight recovery, with shares up 3.25% in the last week, trading at $10.34 as of March 10 [5]. - Despite the recent upswing, Wall Street remains largely neutral on Lucid stock, with 8 out of 12 analysts rating it as 'Neutral,' and only 1 analyst rating it as a 'Buy' [9]. Group 3: Technical Analysis - Technical analysis indicates a mixed outlook, with oscillators turning somewhat bullish, suggesting a 'buy,' while moving averages indicate a 'sell' [10]. - The average 12-month price target for Lucid shares suggests a potential rally of 29.81% to $13.50, although the stock was trading at $13 three months ago, indicating diminished optimism [9].

Core Viewpoint - AT&T's past $47 billion loss on media assets continues to provoke strong reactions from retail investors on platforms like Reddit, particularly in light of the Ellison family's recent acquisition of those assets for $111 billion [1]. Group 1: Financial Performance - AT&T's operating income fell by 7.25% year-over-year to $6.1 billion in Q3 2025, despite a 16.8% increase in fiber broadband revenue [1]. - The Advanced Connectivity segment, which includes domestic 5G and fiber services, generates approximately 95% of AT&T's EBITDA and is growing at an annual rate of 6% [1]. - The company ended 2025 with over one million fiber net additions for the eighth consecutive year, with consumer fiber broadband revenue reaching $2.2 billion [1]. Group 2: Market Sentiment - Retail sentiment on Reddit regarding AT&T has decreased from a monthly average of 30.4 to a weekly average of 24.7, indicating a bearish outlook among investors [1]. - A significant post on Reddit highlighted AT&T's $47 billion loss related to the DirecTV acquisition, which has become a focal point for negative sentiment [1]. - The stock is currently trading at $27.98, reflecting a 12% increase year-to-date but a 1.8% decline over the past week [1]. Group 3: Strategic Moves - The Ellison family is acquiring the media assets previously sold by AT&T for $111 billion, which raises questions about the company's past decisions and future strategy [1]. - AT&T's history of acquiring media assets at peak prices complicates the evaluation of its current $23 billion EchoStar spectrum purchase [1]. - Starting Q1 2026, AT&T will restructure into two segments: Advanced Connectivity and Legacy, with Advanced Connectivity expected to represent around 90% of revenues [1].

Cybercab momentum is picking up!@JOBhakdi highlights a Cybercab spotted in Palo Alto with no steering wheel or mirrors, plus reports of up to 8 unsupervised robotaxis and ~31 Cybercabs tracked.Plus, @JoeTegtmeyer's Giga Texas aerial shot reportedly revealed hundreds of Cybercabs inside, crash-test units, and confirmation of Tesla’s new “unboxed” production method!April production still looks on track, but the real bottleneck is unsupervised FSD rollout timing! $TSLA ...

Core Viewpoint - Tesla is not retreating from the electric vehicle (EV) market but is instead leading it, maintaining its long-held aspirations despite challenges faced by other automakers [1][5]. Investment and Strategy - Tesla has committed to a significant $20 billion capital spending program, which includes investments in a lithium refinery in Texas, a lithium iron phosphate (LFP) battery factory in Nevada, and the Gigafactory in Texas for Cybercab production [4]. - These investments are aimed at supporting Tesla's vision for the future of the EV market, which aligns with the ambitions that many legacy automakers once promised [5]. Industry Context - Legacy automakers have struggled with their robotaxi developments, with companies like Ford and General Motors backing off from their initial plans, indicating a shift in their strategies due to weak sales performance [6][9]. - The failures of legacy automakers in the EV market are highlighted by significant financial writedowns, such as $19.5 billion at Ford and $27 billion at Stellantis, while Tesla holds a 46% share of the U.S. EV market compared to GM's 13% [9]. Tesla's Focus - Tesla's strategy differs from that of legacy automakers, as it aims to build out its robotaxi business, including the Cybercab, while also introducing lower-cost variants of its Model Y and Model 3 [12]. - The company's consistent focus on the EV market and its robotaxi ambitions reflects a belief in the potential of the sector, contrasting with the reset strategies of its competitors [13].