UBER INKS SIX-YEAR ROBOTAXI DEAL WITH LUCID, INVESTS $300 MILLION IN EV COMPANY

Summary from the TLDR newsletter

Under the agreement, Uber will invest $300 million in Lucid, an electric vehicle maker, and Nuro, an autonomous vehicle startup, will develop self-driving technology that Lucid will use to supply Uber with robotaxis over the course of the deal and receive a multi-hundred-million-dollar investment.