Uber, Rivian, And The $1.25 Billion Robotaxi Deal Rivian R2 targets Level 4 autonomy by 2028 as Uber eyes up to 50,000 robotaxis, blending retail SUV duties with high-mileage ride-hailing work. Motor1 · Jul 31
Rivian CEO Explains Why Chinese EV Makers Are So Hard to Beat: 'The Capital Cost Is Zero' Rivian Automotive Inc. (NASDAQ:RIVN) CEO RJ Scaringe, during the automaker’s second-quarter earnings call on Thursday, shared his view on why Chinese auto companies were hard to compete against, and it all comes down to the cost structure. Benzinga · Jul 31
Trump's DOT Introduces Changes to 'Accelerate' AV Deployment, Directs NHTSA to Grant Zoox Temporary Exemption The Donald Trump administration on Thursday introduced changes to Department of Transportation (DOT) regulations aimed at expediting the development and deployment of autonomous vehicles, granting Amazon.com Inc.‘s (NASDAQ:AMZN) Robotaxi operator Zoox a temporary exemption to deploy its driverless vehicles commercially. Benzinga · Jul 31
Gary Black Pegs TSLA's Fair Value at $312, Says 'Don't Fall in Love With the Stock' Investor Gary Black of The Future Fund LLC says the fair value price for Tesla Inc. (NASDAQ:TSLA) would be $312, reaffirming his concerns with the Elon Musk-led company’s valuation. Benzinga · Jul 30
Are Wall Street Analysts Predicting Uber Technologies Stock Will Climb or Sink? Uber Technologies has underperformed the broader market over the past year, but analysts are highly optimistic about the stock’s prospects. Barchart · Jul 29
Rapper's alleged rape victim 'enthusiastic and willing' A woman who accused a British rapper of raping her after an Australian show went to a hotel for sex and was an enthusiastic participant, a jury has been told. AAP · Jul 28
Unusual Put Options Activity in UBER Technologies Could Imply Upside in UBER Stock Uber Technologies is showing unusually high put options volume today ahead of Q2 earnings due out on Aug. 5. The strike price is over 18% below today's price and could be initiated by short-put sellers. Barchart · Jul 27
Indian-origin Uber driver charged with two counts of sexual assault in Canada An Indian-origin Uber driver has been charged with two counts of sexual assault following an investigation into two alleged incidents involving the same woman near a GO station in Burlington, Canada. The Times of India · Jul 27
'The biggest shift happens when AI stops being a tool people occasionally use and becomes part of the operational fabric of the business': Why Arm is set to help power the next generation of AI workloads — and beyond We speak to Arm's EVP of Cloud AI on what is really changing at the infrastructure layer. TechRadar · Jul 27
Ministers urged to give TfL final say on driverless taxis as London rollout looms Chair of the London Assembly Transport Committee says the government has ‘stepped in on London’s devolved powers’ Evening Standard · Jul 27
Lyft Stock Is Down More Than 26% This Year—Now a Short Seller Warns the Uber Rival Could Be in Deep Trouble (UPDATED) Editor’s note: The story has been updated to include a comment from Lyft. Benzinga · Jul 27
Uber-Backed EV Firm Says Iran War Is Accelerating Electric Vehicle Adoption in South Africa An Uber Technologies Inc.-backed (NYSE:UBER) South African EV fleet manager, Valternative, has said that the ongoing U.S.-Israel and Iran war has accelerated EV penetration in the region. Benzinga · Jul 27
Days disrupted: Across the world, Iran war's effects trickle into everyday life one human at a time Across seven countries, seven people woke up to days that no longer looked the way they once did The Independent UK · Jul 27
Man Gets Coupon For Free Mobil 1 Oil Change. Then He Realizes There’s A Catch: ‘Order Me An Uber’ "Don’t tell us it’s your first oil change." Motor1 · Jul 26
Benzinga · Jul 26 Tesla's Q2 Earnings, Musk's Robotaxi Bets, SpaceX Merger on the Horizon and More: This Week in Mobility It’s been another eventful week for Tesla Inc. (NASDAQ:TSLA), with second-quarter earnings, expanding Full Self-Driving (FSD) adoption and growing speculation over a Space Exploration Technologies Corp. (NASDAQ:SPCX) tie-up dominating headlines. Here’s a quick recap of the major mobility stories that came in over the week.
Evening Standard · Jul 25 Ministers urged to give TfL final say on driverless taxis as London rollout looms Several firms, including Uber and Wayve, are seeking approval to transport passengers in automated vehicles in London as soon as this year
The Economic Times · Jul 25 Waymo explores ending Uber partnership: Financial Times The companies have increasingly clashed over operational and commercial issues, according to the report. Waymo has raised concerns about the cleanliness and routing of its vehicles, while Uber has criticised the sudden unavailability of Waymo vehicles during bad weather and argued that the partnership has "unsustainable financial terms," the FT…
The Independent UK · Jul 24 I ditched Uber for a driverless robotaxi in San Francisco – here’s why I’m never going back DRIVESMART: In the latest DriveSmart newsletter, Steve Fowler takes a ride with Waymo and finds the safety numbers – and the lack of small talk – hard to argue with
International Business Times UK · Jul 24 Uber's AI Push Triggers Second Round of Layoffs in Just Two Months: Who's Affected This Time? Uber has announced a 10% reduction in its customer service workforce as it restructures operations to integrate artificial intelligence, marking its second major layoff in two months.
The Independent UK · Jul 24 5 ways to avoid common holiday scams this summer Protect your wellbeing and money by following these tips on your next holiday.
Benzinga · Jul 23 Andreessen Horowitz Declares 'Travis Is Back' With $1.7B Robotics Bet Andreessen Horowitz is making a major bet on the future of AI-powered robotics, backing former Uber (NYSE:UBER) co-founder Travis Kalanick’s next venture with a $1.7 billion funding round for Atoms.
The Independent UK · Jul 23 Uber cuts 10% of customer service staff in favor of AI Second time in two months that ride share giant has laid off staff
The Economic Times · Jul 23 More Indians choosing roads over runways for a Dil Chahta Hai moment India's expanding highway network and more long weekends are fuelling a sharp rise in Uber Intercity road trips, with Tier-2 city routes growing fastest. Uber data shows travellers increasingly choosing road travel for weekend getaways, heritage destinations and leisure holidays as improved highways reshape intercity travel across India.
The Economic Times · Jul 23 Travis Kalanick’s Atoms secures $1.7 billion from a16z, Uber, others to expand into industrial AI Atoms, Travis Kalanick's robotics firm, has secured $1.7 billion in funding. This investment, led by Andreessen Horowitz, will fuel industrial AI development. The company focuses on automation for mining, transport, and food production sectors. Atoms also acquired self-driving startup Pronto to enhance its capabilities. This funding supports Atoms' next phase…
The Economic Times · Jul 23 Uber cuts 10% customer service jobs as AI becomes latest driver of tech layoffs Uber has cut 10% of its customer service workforce, marking the first time the company has directly linked layoffs to artificial intelligence. The move reflects a broader Silicon Valley trend as Big Tech firms including Amazon, Microsoft, Oracle and Meta restructure teams, automate work and accelerate AI adoption across operations.