v3.25.2
Subsequent Events
6 Months Ended
Jun. 30, 2025
Subsequent Events [Abstract]  
Subsequent Events
Note 13 – Subsequent Events
Lucid Group Inc. and Nuro, Inc. Partnership
In July 2025, Lucid Group, Inc. (“Lucid”), Nuro, Inc. (“Nuro”) and Uber announced a new global robotaxi program, exclusively on our platform. With the announcement, we will make a $300 million equity investment in Lucid and agreed to make an investment in Nuro, part of which is payable based on Nuro achieving a schedule of development and commercial milestones. The program is expected to launch in a major U.S. city next year. We agreed to purchase, or have our designated fleet operators purchase, a minimum of 20,000 Lucid vehicles equipped with Nuro's Level 4 autonomous driving system over six years.
New Share Repurchase Authorization
In July 2025, our board of directors authorized a new share repurchase program up to an additional $20 billion of common stock.