Tesla’s Shift to Subscription-Only Model: What Busy Professionals Need to Know
It’s a huge change to Tesla’s approach with FSD, and it could impact Musk’s $1T pay package and the company’s myriad legal troubles.
Transportation
Transportation news includes all the present and future ways people and packages get from Point A to Point B. Coverage includes scooters and e-bikes to autonomous vehicles, EVs, transit, and evTOLs. We cover auto tech players big and small, from Tesla, GM, Uber, and Lyft, to small startups entering the automotive tech space.
Bedrock Robotics Secures $80 Million to Revolutionize Construction with Autonomous Vehicle Technology
Former Waymo engineers have launched an autonomous vehicle startup with $80 million in venture funds.
Tesla’s Cybertruck Sales Take a Nose Dive: GMC Hummer EV Outsells Electric Rival
As Elon Musk once said, “We dug our own grave with Cybertruck.”
GM Partners with Redwood Materials to Transform EV Batteries into Sustainable Energy Storage Solutions
GM will send batteries — new and old — to Redwood Materials, which will assemble them into large packs capable of supporting data centers and the grid.
Qantas hack results in theft of 6 million passengers’ personal data
Qantas, the largest airline in Australia, confirmed the theft of 6 million customers’ personal information.
The electric Hummer is almost outselling the F-150 Lightning
GM’s EVs were popular in the second quarter, a complete contrast to the struggles by Ford, Tesla, Hyundai, and Kia to grow electric vehicle sales.
Group14 Secures $463 Million in Funding to Revolutionize Electric Vehicle Battery Technology
The battery materials startup raised significant Series D funding to expand its manufacturing capability. At the same time, it bought out partner SK’s stake in a joint venture.
Nvidia Joins Forces with Nuro in $203 Million Funding Round for Autonomous Delivery Solutions
Nuro has attracted more investors, and capital, to push its Series E round to $203 million.