rivian Rivian Debuts On Stock Market With Historic $90 Billion Valuation Electric vehicle startup Rivian kicks off its public trading with a massive valuation that immediately surpasses legacy automakers Ford and GM. Investors are betting heavily on the company's future potential rather than its current production numbers.
rivian Rivian Reaches $100 Billion Valuation on Record-Breaking IPO Day Electric vehicle startup Rivian surges nearly 30 percent in its market debut, achieving a massive valuation that surpasses Ford and General Motors despite producing only a handful of vehicles.
rivian Rivian Raises Expected IPO Price Ahead of Highly Anticipated Market Debut Electric vehicle startup Rivian sets its IPO guidance above the initial target range, signaling strong investor demand. The adjusted pricing positions the company for a massive valuation as it enters the public market.
rivian Rivian Prices IPO at $78 to Reach $77 Billion Valuation Electric truck maker Rivian prices its shares at $78, far exceeding initial targets as massive investor demand pushes the startup to a $77 billion valuation.
amazon Amazon Reveals 20% Stake in Rivian Ahead of Major EV IPO Amazon officially discloses a 20% ownership stake in electric vehicle maker Rivian, valued at $3.8 billion. The tight relationship highlights both a major financial boon and a significant business risk for the upcoming IPO.
tesla Tesla's Massive Hertz Order Shifts the Electric Vehicle Landscape Hertz purchases 100,000 Tesla vehicles for $4.2 billion, marking the largest electric vehicle rental fleet deal to date. The agreement gives Tesla a unique advantage as traditional automakers struggle with inventory shortages.
hertz Hertz Orders 100,000 Teslas to Transform Rental Fleet Hertz orders 100,000 Tesla vehicles to create the largest electric vehicle rental fleet in the United States. This massive purchase signals a major shift in the car rental industry toward sustainable transportation.
gm GM's Cruise Launches Fully Driverless Taxi Tests in San Francisco GM's Cruise division begins testing fully driverless robotaxi rides in San Francisco with employees, marking a major step toward commercial deployment.
gm GM Cruise Launches Fully Driverless Taxi Testing in San Francisco GM's Cruise division begins testing fully driverless robotaxi rides in San Francisco, currently limited to company employees. The service operates under strict nighttime and weather conditions as the company works toward commercial deployment.
cruise GM's Cruise Aims for One Million Self-Driving Vehicles by 2030 Cruise targets a massive fleet of at least one million autonomous vehicles by 2030 as it prepares to launch paid ride-hailing services next year. The company plans to drastically reduce ride costs and expand internationally to achieve this exponential growth.
rivian Rivian Stock Surpasses $100 on Strong First Day of Public Trading Electric vehicle maker Rivian closes its inaugural trading day at $100.73 per share after opening at $78. The company also announces plans to direct millions of shares toward climate initiatives.
tesla Tesla Confirms FSD Beta 10 Release for September With Public Button Coming Soon Elon Musk announces that Tesla's Full Self-Driving Beta 10 will arrive in September, featuring a completely retrained neural network. A public beta button for all eligible Tesla owners is also expected within four weeks.
rivian Rivian IPO Makes History as a Top 2021 Market Debut Rivian's highly anticipated initial public offering officially ranks among the largest stock market debuts of the year. The electric vehicle maker's launch highlights massive investor interest in the EV sector.
audi Audi's Q4 E-Tron Features Dynamic Augmented Reality Windshield Display Audi reveals the tech-packed interior of its upcoming Q4 e-tron electric crossover, highlighting an innovative augmented reality windshield display. The spacious cabin utilizes VW's modular electric platform to maximize interior room and storage.
tesla Waymo CEO Dismisses Tesla Autopilot as Wrong Path to Full Autonomy Waymo CEO John Krafcik states that Tesla will never achieve full autonomy by simply upgrading its Autopilot driver-assistance system. He views Tesla as a developer of a good driver-assistance tool rather than a competitor in the fully autonomous vehicle space.