Rivian Jumps 10% After $1.25 Billion Investment From Uber

Rivian (RIVN) stock jumped 10% ahead of Thursday's open after it announced an investment of up to $1.25 billion from Uber (UBER). The deal included plans to launch up to 50,000 robotaxis using Rivian vehicles through 2031. Uber stock ticked up marginally on the news, rising about 0.5% before the open. Rivian stock is down about 20% so far this… Related news Tesla Deliveries: Elon Musk 'Actively Sacrificing' EV Business For AI 4/03/2026 Tesla missed expectations for first-quarter deliveries. On Thursday, Tesla was the worst-performing stock in the S Inflation Data, Fed Minutes On Deck Dow Jones Futures: Leading Stocks Stand Tall As Market Bounces; Look For This Bullish Signal Stock Market Rebounds Even As Oil Prices Skyrocket On Trump's Iran War Comments; Tesla, SpaceX, Eli Lilly In Focus: Weekly Review Tesla Rival Rivian Tops Delivery Estimates With New Model Still Due Stock Market Today: Dow Can't Push Higher; S Tesla Deliveries Due