Tesla’s flailing sales figures have put the company closer to the red than it has been in years, according to financial results released Tuesday, threatening one of its biggest advantages over other EV players. The electric automaker reported $409 million in net income on $19.3 billion in revenue after delivering almost 337,000 EVs in the […]
Tesla profits drop 71% on weak sales and anti-Elon Musk sentiment Read More »
Tesla earnings day is here, and boy oh boy, this one could be a doozy. In the past several months, one of the world’s largest EV makers has seen its market share fall. That’s partly because of increased competition in China, Europe, and North America. But it’s also due to CEO Elon Musk’s political alignment
Tesla Q1 earnings live updates Read More »
This might be the most hyped Tesla earnings in recent memory. And not for all the right reasons. Tesla has taken many hits this year as its CEO Elon Musk leans further into right-wing politics and oversees DOGE, the advisory body that President Trump has bestowed the power to slash federal spending. For Tesla, that
Tesla earnings Q1 2025: What we’re watching for Read More »
Ather Energy, the Indian startup manufacturing electric two-wheelers, has cut the size of its initial public offer by 18% to 26.26 billion Indian rupees ($308.3M), according to a new draft prospectus filed Tuesday. The Bengaluru-based startup confirmed to TechCrunch it’s targeting a post-money valuation of $1.4 billion. Last September, the startup sought a valuation of
India’s EV startup Ather cuts IPO size to $308M, seeking $1.4B post-money valuation Read More »
Delta SkyMiles members in the United States can now start earning points when they ride with Uber or order delivery through Uber Eats as part of a recently announced exclusive partnership between the two companies. The tie-up with Delta is designed to further align the ride-hail giant with airport travel, which has historically been a
Uber customers can now earn Delta SkyMiles from rides or deliveries Read More »
Jeff Bezos-backed Slate Auto has planted multiple concept versions of its EV on the streets of California. It’s a marketing tactic that teases the secretive startup’s strategy to sell a “Transformer”-like vehicle, people familiar with the company’s internal discussions told TechCrunch. This unconventional real-world tease comes days before Slate’s April 24 launch event at Long
Bezos-backed startup designed an EV that can change like a ‘Transformer’ Read More »
Jeff Bezos-backed Slate Auto has planted multiple concept versions of its EV on the streets of California. It’s a marketing tactic that teases the secretive startup’s strategy to sell a “Transformer”-like vehicle, people familiar with the company’s internal discussions told TechCrunch. This unconventional real-world tease comes days before Slate’s April 24 launch event at Long
Bezos-backed EV startup pitched investors on ‘Transformer’-like customization Read More »
Tesla is pushing back the promised launch of a more affordable EV by months, according to a report from Reuters. The new model, which is supposedly a very stripped-down Model Y, was supposed to debut in the first half of this year but now might not come until late 2025 or early 2026, states the
Tesla reportedly delays launch of new low-cost model by months Read More »
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! Enough with my typical small talk. Let’s jump into the news right away this week. And there’s plenty of it, including Lyft’s entry into Europe, AV startup
China is cracking down on how automakers advertise driver-assistance features, banning terms like “autonomous driving,” “self-driving,” and “smart driving,” Reuters reported, citing a transcript of a meeting between the government and industry representatives. The updated rule will also prohibit automakers from rolling out improvements via software updates to advanced driver-assistance systems in vehicles already in
Automakers selling cars in China banned from using ‘autonomous driving’ in ads Read More »
