"Elon Musk's China Visit Boosts Tesla Stock, Rivian Raises $3B, and Fiat Unveils Adorable EV"

Elon Musk visits China to strengthen Tesla's ties with the world's largest auto market, including dining with the chairman of CATL and visiting the Shanghai Gigafactory. Lucid Group plans to raise $3 billion through a stock offering, with the majority coming from Saudi Arabia's Public Investment Fund. Uber drivers in San Diego, San Francisco, and Los Angeles will have access to flexible leases on Mustang Mach-Es through Ford Drive. Revel is diversifying its all-Tesla ride-share fleet with about 50 Kia Niro EVs. California gig workers for Uber, Lyft, DoorDash, and other app-based ride-hail and delivery companies will be reimbursed for unpaid vehicle expenses between 2022 and 2023.