Tesla shareholders to vote today on $56B pay package
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Kirsten Korosec is still off on holiday, so you've got me once again! Today is the big Tesla shareholder vote. We'll fin
Ahead of Tesla’s big shareholder vote, let’s re-read the judge’s opinion that got us here
There has been a silly amount of drama in the run-up to Tesla‘s annual shareholder meeting on Thursday. The company is set to hold a vote on “re-ratifying” the $56 billion compensation package awarded to Elon Musk in 2018, which was struck down by a Delaware Chancery Court judge e
Ford’s secretive, low-cost EV team is growing with talent from Rivian, Tesla and Apple
There has been a lot of chaos recently in the world of electric vehicles, and Ford has capitalized on it to build out its secretive low-cost EV team.
A technewss review of LinkedIn data found that Ford has built this team up to around 300 employees over the last year. That includes around 50 comi
Tern AI wants to reduce reliance on GPS with low-cost navigation alternative
The most critical systems of our modern world rely on GPS, from aviation and road networks to emergency and disaster response, from precision farming and power grids to weather forecasting and military defense. That dependence is becoming a problem.
“We've got an increased threat from
Waymo issues second recall after robotaxi hit telephone pole
Waymo has voluntarily issued a software recall to all 672 of its Jaguar I-Pace robotaxis after one of them collided with a telephone pole. This is Waymo's second recall. The Alphabet-owned company recalled previous software in February after two of its robotaxis crashed into the same pickup tru
Fisker’s troubled Ocean SUV gets its first recall
Fisker is issuing the first recall for its all-electric Ocean SUV because of problems with the warning lights, according to new information published by the National Highway Traffic Safety Administration (NHTSA).
The safety agency says that the Fisker Ocean’s instrument panel displays the br
GM gives Cruise $850M lifeline as it relaunches robotaxis in Houston
General Motors is investing $850 million into Cruise as the autonomous vehicle subsidiary slowly makes its way back to testing in Phoenix, Dallas and, as of Tuesday, Houston.
GM's CFO Paul Jacobson announced the capital infusion onstage at Deutsche Bank's Global Automotive Industry Confere
Rivian’s path to survival is now remarkably clear
Rivian has had a lot on its plate as it transitioned from pitch mode to selling EVs. It created an electric pickup and an electric SUV while prepping a monster IPO. It made electric delivery vans for Amazon and wants to do the same for other companies. It now plans to sell an even cheaper SUV that
Inside Fisker's collapse and robotaxis come to more US cities
Welcome back to technewss Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click technewss Mobility!
Your usual host Kirsten Korosec is taking a much deserved vacation, so I'll be walking you through this week's transport
Revel to lay off 1,000 staff ride-hail drivers, saying they’d rather be contractors anyway
New York-based Revel has made a lot of pivots since initially launching in 2018 as a dockless e-moped sharing service. The BlackRock-backed startup briefly stepped into the e-bike subscription business. It launched and now operates a handful of electric vehicle charging stations across the five bor
Rivian overhauled the R1S and R1T to entice new buyers ahead of cheaper R2 launch
Rivian has changed 600 parts on its R1S SUV and R1T pickup truck in a bid to drive down manufacturing costs, while improving performance of its flagship vehicles.
The end goal, which will play out over the coming year, is an existential one. Rivian lost about $38,784 on every vehicle it delivere
Zoox to test self-driving cars in Austin and Miami
Zoox, Amazon's self-driving unit, is bringing its autonomous vehicles to more cities.
The self-driving technology company announced Wednesday plans to begin testing in Austin and Miami this summer. The two cities mark Zoox's fourth and fifth test cities, following Las Vegas, San Fran
GM’s Cruise is testing robotaxis in Dallas again
GM’s Cruise is redeploying a small fleet of robotaxis in Dallas this week as part of the company’s previously stated goal to validate its self-driving systems and win back public trust.
Dallas is the second city that Cruise is easing its way back into after pulling its entire U.S. flee
Inside EV startup Fisker's collapse: How the company crumbled under its founders’ whims
Update: Fisker has since filed for bankruptcy, after last-ditch efforts to rescue the company failed.
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