Uber invests in Lucid and Nuro to counter Tesla and Waymo's robotaxi dominance. Check out UBER's strategic shift, $7B ...

Key Points The EV maker has poured money into its Advanced Driver-Assistance System (ADAS).The company has leading technology, but no joint ventures yet with others.A joint venture similar to Rivian ...

Uber will take 20,000 Lucid vehicles with driverless technology for a robotaxi service. Uber's service will start late next ...

The stock's massive declines prompted the recently announced proposal. Then, a huge announcement sent shares soaring.

Uber will be investing $300 million into Lucid to help the company build a fleet of 20,000 (or more) robotaxis over the next ...

The EV maker has seven quarters in a row with increasing deliveries. Lucid has liquidity to last until the second half of ...

Uber Technologies ( NYSE: UBER) -5.03% Uber said it will develop a “next generation premium global robotaxi program” using Nuro autonomous vehicle technology. As part of the deal, Uber will invest ...

Uber is taking a major leap into the future of transportation. The ride-hailing giant just announced a massive new ...

U.S. stocks ended the week mostly higher, with the S&P 500 (+0.6%) and Nasdaq (+1.5%) setting new record highs, lifted by strong Q2 earnings and softer-than-expected inflation data. June retail sales ...

Lucid Revs Its Engine Lucid Group (NASDAQ:LCID) saw its stock soar 36% to $3.12 per share following a $300 million ...