Rivian Automotive Inc Class A
RIVN: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| &kf | LOCK|#WR | LOCK|!wT#bK |
Rivian: Shares Rise on Uber Robotaxi Deal; Raising Valuation
Rivian announced a partnership with Uber where Rivian will provide up to 50,000 R2 vehicles to be used as robotaxis for the Uber ride-hailing fleet and Uber will invest up to $1.25 billion in Rivian. Rivian shares were up 4% at the time of writing on March 19 on the news.
