Key Points Lucid announced a preliminary filing for a reverse stock split.Typically, reverse stock splits are done by companies in financial distress.Lucid has no immediate threat of being delisted.10 ...

Tesla faced declining Cybertruck demand and sluggish U.S. sales, while Uber made bold moves into autonomous driving.

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

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 ...

Uber will invest $300m (R5.34bn) in electric vehicle maker Lucid in a robotaxi deal that aims to start with one major US city ...

Costco announced it will open more stores in the United States, several of which will open in August, so there will soon be ...

Lucid, Nuro and Uber have announced a next-generation global premium robotaxi programme developed exclusively for Uber's ride ...

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 ...

The US EV market is shrinking despite all the advances in EV and battery tech, while China and Europe are going all-in on ...

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