company
Named as one of Uber's separate announced autonomous deployment partners.
No evidence-backed relationships are recorded.
The Rivian spinout's Series D takes it to $455 million and past a $1 billion valuation. The only product shipping is a $4,500 e-bike that arrived months late.
Perspective Coverage
3 publishersReality
CNBC's hundreds of test miles put Rivian ahead of GM on highways and behind Tesla's FSD v14 off-highway and point-to-point, which is where subscription pricing has to be justified.
Reality
Rivian builds hardware headroom for about seven to 10 years of upgrades. The average US vehicle is 12.8 years old, and no one has priced the gap between those two numbers.
Reality
Rivian builds in seven to 10 years of software headroom. The average American car is 12.8 years old. Tesla's HW3 retrofit and a Gen 1 Rivian class action show who pays the difference.
Reality
The August 14 announcement names no cities, no dates, no per-city vehicle counts and no supervision model. What it does describe is who buys the cars.
Reality