Tesla CEO Elon Musk sold around 4.4 million shares of the company on Tuesday, according to regulatory filings published on Thursday. Musk, via Aaron Beckman, his power of attorney, filed […]
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Raquel Urtasun founded Waabi in 2021 after spending nearly three years as Uber’s R&D head of Advanced Technology Group (ATG). Waabi’s mission is to develop an AI-first approach to speed […]
EVs, AVs, and pay packages: 3 takeaways from GM’s Q1 earnings
General Motors’ first-quarter earnings report and accompanying analyst call Tuesday highlighted the company’s grand ambitions for electric vehicles and autonomous vehicles — and the money it is willing to put […]
Pony.ai scores taxi license for autonomous vehicles in Guangzhou
Autonomous vehicle startup Pony.ai has been awarded a permit in Guangzhou to operate 100 robotaxis as traditional taxis. The license, which allows Pony to charge for rides in its autonomous […]
Elon Musk’s The Boring Company to take on hyperloop project
Elon Musk said Sunday via Twitter that his tunnel-building-for-urban-transport business The Boring Company will attempt to build a high-speed, and still theoretical, hyperloop in the coming years. In 2013, Musk […]
Elon Musk’s Boring Company raises $675M to scale Loop projects
The Boring Company, Tesla CEO Elon Musk’s project to build underground highways to alleviate traffic congestion, has raised a $675 million Series C round, bringing its valuation up to $5.7 […]
Lincoln Star Concept: Could a sport tourer be in Lincoln’s electric future?
Lincoln unveiled Wednesday at an event in Hollywood its first fully electric concept vehicle: The Lincoln Star Concept, a crossover that looks a lot like a Corsair or Nautilus crossover […]
Tesla blames inflation, cost pressure from suppliers for increased car prices
Tesla has raised prices on its vehicles as it anticipates cost pressures from suppliers and logistics over the next six to 12 months, the automaker said on Wednesday during its […]
Musk says Tesla aspires to mass produce robotaxis by 2024
Tesla plans to bring a dedicated robotaxi with no steering wheel or pedals to market by 2024, CEO Elon Musk said Wednesday during Tesla’s first quarter 2022 earnings call. That’s […]
Tesla says it’s also being investigated by federal equal employment agency
A U.S. federal agency that enforces civil rights laws against workplace discrimination can now be added to the list of agencies that is investigating Tesla. In a court filing on […]