Few companies have grown as quickly as Tesla, especially just before and after the company launched the Model 3, its first affordable EV. “We scaled Tesla in 30 months from $2 billion in revenue to $20 billion in revenue,” Jon McNeil, the former president of Tesla who is now co-founder and CEO of DVx Ventures, […]
Former Tesla president discloses the secret to scaling a company Read More »
Tesla opened the doors to its first showroom in India this week, and among the first visitors was Vishal Gondal — a longtime Tesla and Elon Musk loyalist who pre-booked a Model 3 in April 2016, just hours after reservations went live. But despite showing up on day one, Gondal says he has no plans
Tesla loses its charm for India’s loyalists — even as Musk finally delivers Read More »
Rivian will resume prep-work on its planned Georgia factory in August and is still looking to break ground early next year, according to emails TechCrunch obtained through a public records request. The restarted effort comes months after the Biden administration’s Department of Energy approved a $6.6 billion meant to fund construction. Rivian has invested more
Rivian restarting work on its Georgia factory, emails show Read More »
Uber is investing hundreds of millions of dollars into EV maker Lucid and autonomous vehicle technology startup Nuro in a bid to launch its own premium robotaxi service. Under the deal announced on Thursday, Uber will invest $300 million in Lucid and separately buy “at least” 20,000 of the EV maker’s new Gravity SUV over
Uber partners with Nuro, invests $300M in Lucid to launch upscale robotaxi service Read More »
Uber is investing hundreds of millions of dollars into EV maker Lucid and autonomous vehicle technology startup Nuro in a bid to launch its own premium robotaxi service. Under the deal announced Thursday, Uber will invest $300 million in Lucid and separately buy “at least” 20,000 of the EV maker’s new Gravity SUV over the
Sales of Tesla’s Cybertruck have plummeted from their peak last year, to the point that the hulking (and expensive) GMC Hummer EV outsold the polarizing steel-clad curiosity in the second quarter. Tesla sold just 4,306 Cybertrucks in the second quarter, just shy of the 4,508 Hummers that GMC moved in the same period, according to
GMC Hummer EV outsold the Tesla Cybertruck last quarter Read More »
Bedrock Robotics, an autonomous vehicle technology startup founded by veterans of Waymo and Segment, has been operating quietly for more than a year. Now, it’s breaking cover with an $80 million funding round from investors Eclipse and 8VC. Bedrock Robotics is focused on developing a self-driving kit that can be retrofitted to construction and other
Ex-Waymo engineers launch Bedrock Robotics with $80M to automate construction Read More »
The Securities and Exchange Commission (SEC) has sent letters to Faraday Future founder Jia Yueting and president Jerry Wang, alerting them that they may soon face enforcement actions from the agency as the result of a three-year-long fraud investigation. The letters, known as “Wells Notices,” state that the commission’s staff has made an internal determination
Faraday Future faces potential SEC enforcement action after three-year probe Read More »
The Venn diagram of engineers that know a little bit about AI, self driving, and mining has a small intersection. Pronto.ai CEO Anthony Levandowski wants as many of those people as possible. And an acquisition is helping him achieve that goal. The San Francisco-based startup, which has developed a self-driving system designed for haulage trucks
AV startup Pronto.ai acquires off-road autonomous vehicle rival SafeAI Read More »
Lucid Motors is set to roll out a software update on July 30 that will enable hands-free highway driving on its Air sedans, a major step forward for the company’s advanced driver assistance system. The rollout will put Lucid Motors on a short list of companies that have made hands-free driving possible in the United
Lucid Motors will roll out hands-free highway driving this month Read More »
