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Rivian gets serious about challenging Tesla FSD with latest move
TheStreet141d agoneutral
Rivian gets serious about challenging Tesla FSD with latest move

Rivian is getting proactive about its future as it looks to chip away at the electric vehicle market that is dominated by Tesla. To catch its rival, Rivian understands that to compete with Tesla, it must be more than just a car company; it must also be a technology leader. Many of its recent ...

Uber’s Robotaxi And Parking Bets Recast Growth And Risk For Investors
Simply Wall St.141d agoneutral
Uber’s Robotaxi And Parking Bets Recast Growth And Risk For Investors

Uber Technologies (NYSE:UBER) has ordered 10,000 autonomous vehicles from Rivian, with plans for more as part of its robotaxi push. The company is expanding partnerships with autonomous vehicle players including Lucid and Nuro. Uber announced a $600 million acquisition of parking platform SpotHero to extend its reach into mobility infrastructure. Uber Technologies, trading at $79.17, is moving beyond its core ride hailing and delivery roots into a broader mobility platform. The stock is up...

Tesla Investor Ross Gerber Says Gas Prices 'Don't Matter' To Millions Of EV Owners: 'Go Get One'
Benzinga141d agoneutral
Tesla Investor Ross Gerber Says Gas Prices 'Don't Matter' To Millions Of EV Owners: 'Go Get One'

Investor Ross Gerber of the investment firm Gerber Kawasaki has urged drivers to opt for EVs in view of the Iran war that has led to surging gas prices across the U.S. Gas Prices Won’t Come Down In a post on X on Tuesday, Gerber outlined the benefits of EVs over gasoline-powered vehicles. “Gas prices don't matter to the 10 mil people that own a tesla,” he said in the post. He added that there were several options for “great EVs” available from dealers, as well as in the used markets. “Go get one