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Rivian filed documents with the SEC proposing an offering of 75 million Class A common shares.
2026-07-07
Rivian filed documents with the SEC proposing an offering of 75 million Class A common shares.
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2026-07-07
Australia's S&P/ASX 200 opened down 10.70 points (-0.12%) at 8,820.30 on Tuesday, July 7.
Australia's S&P/ASX 200 opened down 10.70 points (-0.12%) at 8,820.30 on Tuesday, July 7.
2026-07-06
Morgan Stanley analysts say the robotaxi industry is moving from limited pilots into early commercialization and may evolve into a distributed mobility network rather than centralized deployments. They project a global fleet of roughly 2.5 million ve
Morgan Stanley analysts say the robotaxi industry is moving from limited pilots into early commercialization and may evolve into a distributed mobility network rather than centralized deployments. They project a global fleet of roughly 2.5 million vehicles by 2035 and see about a $1 trillion market opportunity by 2040. Unit economics are expected to reach break-even around 2028, with mass commercial operations by 2030. Advances in AI, falling hardware costs and clearer regulation are accelerating deployments; some operators already run 24/7 driverless services in select cities. The bank says investor focus is shifting from technical feasibility to identifying operators most likely to scale efficiently and profitably.
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