AI | Transportation | Venture
Travis Kalanick’s robotics company raises $1.7B, led by a16z
Uber is also investing in Travis Kalanick’s company Atoms, which has made gauzy claims about using industrial AI to modernize the world.
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Tesla spending skyrockets as Cybercab, Semi, Megapack production timeline slips
Tesla’s 26% boost in revenue wasn’t enough to offset rising operating expenses and capital expenditures as it pushes to launch a new generation of products.
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Ford bets on Apple for its next-generation of EVs
Ford is the first automaker to use a new set of developer tools that will let it embed Apple Maps navigation and mapping directly into its vehicles’ infotainment systems.
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Tesla’s robotaxis are moving in reverse
The number of paid robotaxi miles traveled fell 36% in the second quarter, despite expanding to new cities, according to Tesla’s own figures.
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Tesla’s door handles may spur new US safety rules
The new rule-making process follows a series of incidents, including fatal ones, in which people have become stuck inside cars.
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Mobileye CEO Amnon Shashua to step aside as company pushes into robotaxis, robotics
Shashua has been invited to take the chairman of the board seat.
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Rivian sues the US government for ‘full refund’ of Trump tariffs
The automaker joins a long line of companies seeking such refunds. In April, Rivian CFO Claire McDonough said she expected the company stood to reap a refund in the “tens of millions of dollars.”
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Volkswagen engineers charged with insider trading tied to Rivian joint venture
The indictment, which was unsealed Friday, alleges the Volkswagen engineers used confidential insider information to buy stock in Rivian.
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Waymo reportedly mulling a breakup with Uber
The contract between the two companies ends in May 2028, Uber told TechCrunch.
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SpaceX launches new V3 Starlink satellites but suffers another booster failure
The company ticked off a few more boxes on the second Starship V3 flight, but appears to have had another issue relighting the booster’s rocket engines.
