Today: 29 April 2026
Browse Category

Autonomous Vehicles 29 January 2026 - 27 April 2026

Bill Ackman’s Uber Bet Just Got a $10 Billion Robotaxi Test

Bill Ackman’s Uber Bet Just Got a $10 Billion Robotaxi Test

Uber shares rose about 2% Monday, trading near $76.17, after renewed focus on Bill Ackman’s stake and autonomous vehicle plans. Uber and Lucid agreed to buy at least 25,000 Lucid vehicles for robotaxi use, raising Uber’s total Lucid commitment to 35,000 units. An Uber subsidiary will purchase $200 million in Lucid stock. Competition from Waymo, Tesla, and Chinese rivals is intensifying.
Uber Now Owns 11.5% of Lucid. The Robotaxi Bet Is Bigger Than It Looked

Uber Now Owns 11.5% of Lucid. The Robotaxi Bet Is Bigger Than It Looked

Uber disclosed an 11.52% passive stake in Lucid Group, owning 37.8 million shares through a subsidiary, according to an SEC filing dated April 20. The move follows Uber’s expanded $500 million investment and a commitment to purchase at least 35,000 Lucid robotaxi vehicles. Lucid shares fell 1.3% Wednesday after a prior rally. The companies plan a commercial robotaxi launch in the Bay Area later this year.
Uber’s $10 Billion Robotaxi Bet Marks Sharp Shift as Self-Driving Race Heats Up

Uber’s $10 Billion Robotaxi Bet Marks Sharp Shift as Self-Driving Race Heats Up

Uber has committed over $10 billion to robotaxis, with more than $7.5 billion for fleets and $2.5 billion for equity stakes in autonomous driving partners, according to the Financial Times. The company plans to launch robotaxi services in at least 28 cities by 2028 and has signed deals with Baidu, Rivian, and Lucid. Uber did not immediately comment on the reported figures.
Grab Holdings Limited Launches Singapore Driverless Rides With WeRide as Margin Pressure Builds

Grab Holdings Limited Launches Singapore Driverless Rides With WeRide as Margin Pressure Builds

Grab launched Singapore’s first autonomous public ride service in Punggol, operating limited shuttles with WeRide and logging over 30,000 km with 1,000 early riders. The Land Transport Authority said free public rides begin April 1, with paid service at a S$4 fare set for mid-2026. The rollout follows Grab’s $600 million deal to buy Foodpanda Taiwan and a $400 million stock buyback plan.
Aurora Innovation Stock Slides as $10 Billion Driverless Truck Bet Enters 2026 Test

Aurora Innovation Stock Slides as $10 Billion Driverless Truck Bet Enters 2026 Test

Aurora Innovation shares closed at $4.12 Friday, down 2.6%, valuing the self-driving truck firm at about $9.95 billion. The company reported $3 million in 2025 revenue and a $238 million operating loss last quarter, but expects to operate over 200 driverless trucks by year-end. Aurora says its driverless fleet has logged 250,000 miles without a collision. Fourth-quarter revenue was $1 million.
Uber Stock Price Slides Again as Rivian Robotaxi Bet Raises Fresh Questions

Uber Stock Price Slides Again as Rivian Robotaxi Bet Raises Fresh Questions

Uber shares closed at $73.89 Friday, down 1.9% amid a broader tech selloff and investor concerns over costs tied to its robotaxi strategy. Uber and Rivian plan to deploy 10,000 autonomous vehicles in San Francisco and Miami by 2028, with a $300 million initial investment. Rival Waymo operates about 2,500 robotaxis in several U.S. cities. Uber’s core business remains strong, with Q4 trips up 22% and revenue up 20% year over year.
Amazon.com’s Zoox Expands to Dallas and Phoenix as U.S. Robotaxi Race Heats Up

Amazon.com’s Zoox Expands to Dallas and Phoenix as U.S. Robotaxi Race Heats Up

Amazon-owned Zoox will expand self-driving taxi tests to Dallas and Phoenix and open a command hub in Scottsdale, Arizona, raising its U.S. presence to 10 markets. The company will start with retrofitted SUVs and plans to create hundreds of jobs. Zoox awaits further regulatory approvals for broader commercial service. Waymo leads the sector, logging 200 million autonomous miles.
Tesla Stock Price Week Ahead: Why TSLA Faces a Robotaxi Reality Check, Europe Sales Test and CPI Risk

Tesla Stock Price Week Ahead: Why TSLA Faces a Robotaxi Reality Check, Europe Sales Test and CPI Risk

Tesla shares closed Friday at $396.73, down 2.2%. UK data showed February sales fell 37% year-on-year, with broader European results mixed. Bank of America resumed coverage with a Buy rating and $460 target, citing robotaxi potential. Stellantis, Toyota, and Subaru are not in Tesla’s 2026 EU carbon-credit pool after regulatory changes.
Tesla stock price: California robotaxi permits become TSLA’s next big test

Tesla stock price: California robotaxi permits become TSLA’s next big test

Tesla shares fell 1.49% to $402.51 Friday and slipped further after hours, following a Reuters report that the company took no regulatory steps in 2025 to advance a driverless robotaxi service in California. Tesla has logged just 562 autonomous test miles in the state since 2016, far below requirements. Director Kathleen Wilson-Thompson sold 25,731 shares this week. Programme manager Victor Nechita has left the Cybercab project.
Tesla stock falls as California robotaxi permit questions deepen and an insider sale pops up

Tesla stock falls as California robotaxi permit questions deepen and an insider sale pops up

Tesla shares fell 2% Friday to $400.45, following a 2.1% drop Thursday. Reuters reported Tesla logged zero autonomous test miles in California for a sixth year and lacks permits for a paid driverless service, unlike Waymo. Program manager Victor Nechita said he is leaving the company. Director Kathleen Wilson-Thompson filed to sell about $10.5 million in shares, according to an SEC notice.
Tesla stock edges lower as robotaxi permit snag, insider sale plan keep TSLA under the microscope

Tesla stock edges lower as robotaxi permit snag, insider sale plan keep TSLA under the microscope

Tesla shares slipped 0.1% to $408.16 Friday morning after a 2.9% drop Thursday, as investors focused on delays in California robotaxi approvals. Reuters reported Tesla logged zero autonomous test miles in California for a sixth year and holds only a basic permit. Director Kathleen Wilson-Thompson filed to sell up to 25,731 shares under a pre-set plan. A key union vote at Tesla’s German plant is set for next week.
Tesla stock slips into Thursday as California robotaxi permit gap widens and insider sale filing hits

Tesla stock slips into Thursday as California robotaxi permit gap widens and insider sale filing hits

Tesla shares fell 2.9% to $417.40 after filings showed it logged zero autonomous test miles in California for a sixth year and has not applied for driverless permits. Director Kathleen Wilson-Thompson filed to sell up to $10.5 million in stock. A U.S. judge let a hiring discrimination lawsuit proceed. European registrations dropped 17% in January.
Uber stock slides nearly 5% on new robotaxi push — here’s what traders watch next

Uber stock slides nearly 5% on new robotaxi push — here’s what traders watch next

Uber shares fell 4.7% to $70.39 Monday afternoon amid a broader U.S. market decline. The company launched “Uber Autonomous Solutions” for robotaxi partners, offering services like fleet operations and support. Uber already runs autonomous vehicles in Phoenix and plans a shared service with Volkswagen in Los Angeles later this year. Next earnings are due May 6.
Uber stock slides as jury verdict adds legal risk, even with fresh robotaxi push

Uber stock slides as jury verdict adds legal risk, even with fresh robotaxi push

A U.S. jury ordered Uber to pay $8.5 million in the first of over 3,000 lawsuits alleging sexual assault by drivers. Uber shares fell 1.5% to $74.08 by midday Friday. The company and WeRide announced plans to deploy at least 1,200 robotaxis in Abu Dhabi, Dubai, and Riyadh, pending regulatory approval. CFO Prashanth Mahendra‑Rajah will depart on Feb. 16.
Uber stock sinks after earnings outlook miss as CFO change and robotaxi push hit focus

Uber stock sinks after earnings outlook miss as CFO change and robotaxi push hit focus

Uber shares fell about 5% to $73.92 in after-hours trading Wednesday after the company issued a first-quarter profit forecast below analyst expectations and announced CFO Prashanth Mahendra-Rajah will step down. Uber projected adjusted EPS of 65–72 cents, missing the 76-cent consensus. The company signaled a higher 2026 tax rate and plans to expand autonomous vehicle deployments.
Uber shares slide after earnings miss: cheap rides squeeze margins as robotaxi bets grow

Uber shares slide after earnings miss: cheap rides squeeze margins as robotaxi bets grow

Uber missed Q4 earnings estimates and projected Q1 adjusted EPS below forecasts, sending shares down over 8% premarket. Q4 revenue rose 20% to $14.37 billion, with trips and gross bookings each up 22%. CFO Prashanth Mahendra-Rajah will step down. Uber flagged a UK accounting change that will reduce reported mobility revenue margins.
Uber stock snaps a five-day slide as Waabi robotaxi pact draws focus ahead of earnings

Uber stock snaps a five-day slide as Waabi robotaxi pact draws focus ahead of earnings

Uber shares rose 2.4% to $81.70 Thursday, ending a five-day slide, and held steady after hours. Waabi announced an exclusive robotaxi deal with Uber, targeting a rollout of 25,000 vehicles, with funding tied to project milestones. Uber will report fourth-quarter and full-year earnings on Feb. 4. Trading volume topped 26.7 million shares, above the 50-day average.
1 2 3 7

Stock Market Today

  • Infollion Research Services Earnings Show Cash Flow Concerns Despite Growth
    April 28, 2026, 9:19 PM EDT. Infollion Research Services Limited (NSE:INFOLLION) reported strong statutory profits of ₹127.2 million for the year ended March 2026, with earnings per share growth of 69% annually over three years. However, its free cash flow lagged behind at ₹76 million, resulting in an accrual ratio of 0.24, which indicates profits are not fully supported by cash generation. This accrual ratio suggests potential overstatement of underlying earnings power. Investors should note that while free cash flow increased over the past year, cash conversion remains below ideal levels. Additional risks and financial health factors, including balance sheet strength, warrant close scrutiny before investment decisions.

Latest article

AST SpaceMobile Stock’s May 11 Moment: FCC Win Meets BlueBird 7 Reality

AST SpaceMobile Stock’s May 11 Moment: FCC Win Meets BlueBird 7 Reality

29 April 2026
AST SpaceMobile will hold its first-quarter update call on May 11 after winning FCC approval to deploy a 248-satellite constellation for direct-to-device service. Shares fell 6.8% Tuesday, following the loss of its BlueBird 7 satellite in a failed launch. The company expects insurance to cover the loss and is targeting 45 satellites in orbit by end-2026. Investors are watching launch progress and commercial service timing.
OpenAI Target Miss Report Sends Oracle, CoreWeave and AI Stocks Lower

OpenAI Target Miss Report Sends Oracle, CoreWeave and AI Stocks Lower

29 April 2026
Oracle shares fell 4% and CoreWeave dropped 5.9% Tuesday after a Wall Street Journal report said OpenAI missed recent revenue and user targets. Nvidia, AMD, and Arm Holdings also declined, with the iShares Semiconductor ETF down 3.7%. OpenAI denied internal divisions and said its AI coding product Codex reached 4 million users. Oracle’s credit default swaps hit a two-week high amid concern over its $300 billion cloud deal with OpenAI.
Go toTop