Rivian Automotive (NASDAQ:RIVN), which designs and manufactures electric pickup trucks and SUVs, closed Thursday at $16.12, up 3.80%. Shares rose after Uber Technologies (NYSE:UBER) announced plans to invest up to $1.25 billion through 2031 to deploy Rivian’s R2 SUVs as robotaxis. Investors are watching execution milestones on autonomy and volume commitments. Trading volume reached 75.4 million shares, coming in about 132% above its three-month average of 32.6 million shares. Rivian Automotive IPO'd in 2021 ...

Tesla shares have been less volatile than usual as investors wait to see the early results of Elon Musk's forays into robotaxis and chip making. ...

Motional robotaxis join the Uber app in Vegas two years after major reset https://t.co/SnfF6zD7YF ...

Uber CEO Dara Khosrowshahi and Zoox CEO Aicha Evans discuss their new partnership to offer Zoox’s purpose-built, fully autonomous robotaxis on the Uber app, starting in Las Vegas and expanding to Los Angeles next year. They speak with Ed Ludlow on "Bloomberg Open Interest." -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for busines ...

Uber will let customers hail robotaxis from Amazon’s Zoox, starting in Las Vegas this summer. https://t.co/CtM6rfTtOI ...

Core Insights - Nvidia announced a $2 billion investment in AI cloud company Nebius, expanding its portfolio in the AI sector [1] - Nebius plans to deploy over 5 gigawatts of data center capacity by the end of 2030, sufficient to power more than 4 million U.S. households [1] - Nvidia's CEO emphasized that the partnership aims to scale Nebius to meet the increasing global demand for AI solutions [1]

Core Insights - Uber has signed a multi-year partnership with Zoox to deploy purpose-built robotaxis on its ride-hailing platform, marking Zoox's first collaboration with a third-party service [1] - The partnership aims to launch in Las Vegas this summer, with plans for a rollout in Los Angeles by mid-2027 [1] - Uber aims to be the largest facilitator of autonomous rides globally by 2029, expanding its operations to 15 cities by the end of 2026 [1] Company Overview - Zoox, founded in 2014 and acquired by Amazon for $1.3 billion in 2020, features a unique design without a steering wheel or pedals, focusing on passenger experience [1] - The company has completed over one million autonomous miles and served more than 300,000 riders [1] Industry Context - The partnership reflects a growing trend of collaborations between ride-hailing platforms and autonomous vehicle developers as the sector moves towards commercialization [1] - Despite trailing behind industry leader Waymo, Zoox is expanding its operations with limited services in Las Vegas and pilot programs in San Francisco, Dallas, and Phoenix [1]

Core Insights - Zoox, owned by Amazon, plans to make its robotaxis available for hailing on the Uber app in Las Vegas later this year, pending federal approval [1][2] - The National Highway Traffic Safety Administration (NHTSA) is currently accepting public comments on Zoox's application for exemptions from Federal Motor Vehicle Safety Standards (FMVSS) necessary for commercial deployment [2][6] - Zoox aims to launch its own commercial robotaxi service before integrating with Uber, and is currently offering free rides in Las Vegas and San Francisco while expanding to eight other U.S. cities [2] Partnership Details - The collaboration between Zoox and Uber is described as a "multi-year strategic partnership," with plans to expand to Los Angeles by 2027 [3] - This marks Zoox's first partnership with a platform like Uber, while Uber has established over 25 partnerships with various autonomous vehicle companies globally, including notable collaborations with Waymo and Baidu [4] Uber's Initiatives - Uber has initiated an "AV Labs" division to collect real-world driving data to support its autonomous vehicle partners, and has created a division called Uber Autonomous Solutions to provide operational and software support [5] Regulatory Context - Zoox is seeking exemptions from eight FMVSS, including those requiring windshield defrosting systems and wipers, with the NHTSA set to review public comments for 30 days [6] - NHTSA is actively working towards establishing a more explicit regulatory framework for self-driving cars, emphasizing the need for robust oversight while facilitating innovation [8]

Zoox starts mapping Dallas and Phoenix for its robotaxis https://t.co/o7onbOAwxz ...

Core Viewpoint - Despite a decline in annual deliveries and a 12.47% drop in stock price in 2026, Tesla is still viewed positively by ChatGPT, which anticipates a gradual recovery in stock value throughout the year [1][6]. Group 1: Current Challenges - Tesla is facing challenges due to the loss of government subsidies and competition from other narratives, which have negatively impacted sales [3]. - The company is perceived as struggling amidst these challenges, yet it maintains a reputation as a technological leader in the EV market [4]. Group 2: Market Analysis - ChatGPT's analysis indicates that the downturn in Tesla's deliveries is cyclical and not an existential threat to the company [6]. - The fundamentals of Tesla remain strong, particularly in battery and software technology, alongside its manufacturing capacity [7]. Group 3: Stock Price Forecast - ChatGPT forecasts a slow increase in Tesla's stock price throughout 2026, with a target of $472 by December 31, which is close to the all-time high recorded in late 2025 [11]. - The AI suggests that if EV demand stabilizes and technological breakthroughs occur, the stock could rise as high as $650, while a drop to $200 is also a possibility if setbacks arise [12]. Group 4: Impact of External Factors - ChatGPT noted that historical disruptions in fossil fuel markets have had minimal long-term effects on the EV sector, suggesting that the current oil price shocks may not significantly impact Tesla's long-term outlook [16].