Today: 22 July 2026
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Electric Vehicles 14 May 2026 - 27 May 2026

Rivian Stock Gets a $3.4 Billion Robotics Twist as R2 EV Test Looms

Rivian Stock Gets a $3.4 Billion Robotics Twist as R2 EV Test Looms

Industrial robotics player Mind Robotics, originally spun out of Rivian Automotive Inc., has secured $400 million in fresh funding, lifting its valuation to $3.4 billion. That fresh figure reflects technology birthed at the EV maker before the spinoff. Kleiner Perkins led the latest round, which brings Mind’s total raised to more than $1 billion within less than a year, Reuters reports, citing a source close to the deal.
Tesla’s China Test: Musk’s Self-Driving Push Faces Its Biggest Gatekeeper

Tesla’s China Test: Musk’s Self-Driving Push Faces Its Biggest Gatekeeper

Elon Musk showed up in Beijing this week, pushing Tesla’s Full Self-Driving system back into the spotlight as he looks to win over Chinese regulators. The U.S. automaker wants approval to expand the driver-assistance tech across China, the world’s biggest car market. Leaving the Great Hall of the People on Thursday, Musk told reporters he hoped to achieve “many good things” in the country.
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