Tesla CEO Elon Musk said the company would be moving its headquarters from Palo Alto, California to Austin, Texas, a city that has recently seen a flood of tech companies and remote workers. Musk announced the news at the 2021 Tesla, Inc. Annual Meeting of Stockholders, which took place at the Tesla Austin gigafactory, rather […]
Cruise plans to have ‘tens of thousands’ of Origin AVs on roads in coming years
Cruise expects to leap from a limited commercial robotaxi and delivery service that will start in earnest in 2022 to a business of “tens of thousands” of its purpose-built Origin AVs on the road over the next few years. The eye-popping projections will be reached, according to CEO Dan Ammann, through a combination of regulatory […]
Tekion, the automotive retail platform headed by a former Tesla CIO, just tripled in value
A year ago, we told you about the opportunity that former Tesla CIO Jay Vijayan was chasing. His plan? To pull car dealers into the 21st century with a snazzy end-to-end automative SaaS platform like the one he helped develop inside Tesla. Customers could use it to order a car to their precise specifications; dealers […]
Tesla ordered to pay $137M to Black former worker subjected to racist workplace
“Elon Musk, you’ve been put on notice.”
Tesla must pay $137 million in discrimination lawsuit
Tesla has been ordered to pay $137 million in damages to a Black former employee who accused the company of ignoring discrimination and racial abuse at the company’s EV plant in Fremont California.
NHTSA rejects petition for formal investigation into Tesla’s battery management software
The National Highway Traffic and Safety Administration rejected a 2019 petition requesting the agency open a formal investigation into Tesla’s battery management software over allegations that an over-the-air update was defective and caused fires in five vehicles. The agency decided not to open a formal investigation in part because the majority of those incidents occurred […]
Tesla delivers record-breaking number of vehicles in third quarter
Tesla delivered a record-breaking 241,300 electric vehicles in the third quarter, blowing past expectations as other U.S. automakers experienced a drop in sales as the result of a global chip shortage. The vast majority of Tesla deliveries (some 96%) were its newer Model 3 sedan and Model Y crossover, according to its report released Saturday. […]
China roundup: Tesla supplier CATL to buy Canada’s Millennial Lithium
Hello and welcome back to TechCrunch’s China roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world. China’s anti-competition tech crackdown continues to redefine the dynamics among the country’s internet giants, leading to collaboration between Alibaba and Tencent in the payments race. In […]
7 takeaways from Rivian’s IPO filing
Rivian, the electric automaker backed by Amazon, Ford and a cornucopia of heavy-hitting institutional investors like T. Rowe Price Associates and Coatue, finally made its once-confidential IPO filing public. The company, which started in 2009 as Mainstream Motors before adopting the Rivian name two years later, has exploded in terms of people, backers and partners […]
Rivian’s IPO filing is now public
Electric vehicle startup Rivian, which started deliveries of its R1T pickup truck in September, released its filing to become a publicly traded company in the United States. The S-1 document filed Friday with the U.S. Securities and Exchange Commission does not include terms for its offering. The filing — one of the most anticipated of […]