They can raise money and they will next year since they are going to run out of cash , they can use some of it to buy stake in Nuro
I see multiple scenarios
One of them is PIF buys Nuro and then sell it to Lucid when time is right or just keep it
PIF has majority shares in Uber and Lucid , the remaining piece is Nuro
Once the technology is integrated, validated and hit the road , I think things are going to get serious assuming all goes well
Autonomous Vehicle technology has not proven that it can bring in any profits but instead, there have been many bankruptcies.
Waymo has not been profitable even though it collects revenue for each ride.
GM bought Cruise but instead of bringing profits, it brought disaster which resulted in dissolution of the Cruise Autonomous division.
Commercial Autonomous Vehicle technology is very different from consumer one.
L4 is not perfected and it's still being tested by companies such as Waymo. When there's accidents, companies (like Waymo) take on the liabilities.
L4 is now Commercially rolled out so companies can keep track and control their risks.
Current L4 companies still have remote technicians behind the scene.
In the case of the now defunct GM Cruise, it took 1.5 remote technicians to run each vehicle.
Thus, current L4 doesn't sound like it's ready for consumer use.
L4 is a cash hungry baby. It is very much advanced but many years away from perfection and many years away from consumer owned.
Big companies like Alphabet, GM... can afford these cash draining L4 projects.
I would focus on zero-collision L2. That means applying the advanced L4 hardware/software technology to avoid accidents but human drivers are still responsible to monitor the system/drive the car because the system is not perfected and it still can get us into troubles. The tech behind the scene is L4 while the advertisement and sales would not mention L4 but they still demand human driver responsible just like any other L2.