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Elon Musk sets new date for Tesla robotaxi reveal, calls everything beyond autonomy ‘noise’

Elon Musk says he will show off Tesla’s purpose-built “robotaxi” prototype during an event October 10, after scrapping a previous plan to reveal it August 8. Musk said Tesla will also show off “a couple of other things,” but didn’t explain what that meant. The comments, made on Tesla’s second-quarter earnings call Tuesday, largely confirms […]

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Elon Musk sets new October 10 date for ‘robotaxi’ reveal and ‘other things’

Elon Musk says he will show off Tesla’s purpose-built “robotaxi” prototype during an event October 10, after scrapping a previously-planned reveal on August 8 earlier this month. Musk said Tesla will also show off “a couple of other things,” but didn’t explain what that meant. The comments, made on Tesla’s second-quarter earnings call Tuesday, largely

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Alphabet to invest another $5B into Waymo

Alphabet will spend an additional $5 billion on its self-driving subsidiary, Waymo, over the next few years, according to Ruth Porat, the company’s chief financial officer. Porat announced the commitment to a new “multi-year investment” Tuesday during Alphabet’s second-quarter earnings call. “This new round of funding, which is consistent with recent annual investment levels, will

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Grab acquires Singapore’s restaurant reservation platform Chope  

Singapore’s ride-hailing and food delivery company Grab is expanding its services beyond ride and food delivery by doubling down on the competitive restaurant booking industry in Southeast Asia. Grab confirmed to TechCrunch that it acquired a Singapore-based dining reservation platform, Chope, for an undisclosed amount. Grab already offers restaurant reservations in Singapore by way of

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GM’s Cruise abandons Origin robotaxi, takes $583 million charge

GM’s self-driving car subsidiary Cruise is scrapping plans to build the Origin  — a purpose-built robotaxi with no steering wheel or pedals — and will instead use the next-generation Chevrolet Bolt in its operations. GM Chair and CEO Mary Barra told shareholders Tuesday the decision will “simplify their path to scale” and addresses the regulatory

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Monarch Tractor CEO says $133M raise will help it escape ‘quite a challenging time’

Monarch Tractor was in a tricky spot late last year as the autonomous electric tractor startup juggled growth and an uncertain fundraising environment. Now, with $133 million in new funds, CEO Praveen Penmetsa tells TechCrunch that the startup is plowing ahead into greener pastures.  The $133 million Series C funding round was co-led by agri-food

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Here’s how the CrowdStrike outage is affecting planes, trains and automobiles

The CrowdStrike outage that hit early Friday morning and knocked out computers running Microsoft Windows has grounded flights globally. Major U.S. airlines including United, American Airlines and Delta Air Lines have halted flight operations around the world. According to FlightAware, which is tracking the cancellations live, 7% of United Airlines flights, 8% of American Airlines

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Elon Musk is now a villain in Joe Biden’s presidential campaign

Elon Musk has made it clear he doesn’t like Joe Biden. But since Musk officially endorsed and is reportedly financially backing Donald Trump in this year’s presidential campaign, Biden is returning the favor. The president is now directly campaigning on Musk — and other high-profile and wealthy Silicon Valley VCs — supporting Trump’s bid. “I’m

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