Former Vice President Al Gore has invested $600 million of equity into UK energy startup Octopus Energy Group via his Generation Investment Management vehicle, taking a stake of approximately 13% in the business. The investment means Octopus has attained a valuation of around $4.6 billion. Octopus has made a name for itself in energy circles […]
Tesla on Autopilot slammed into police cars despite flashing lights, lawsuit says
Officers say Tesla failed to detect four vehicles, six people, and a police dog.
Equity Monday: Instagram pauses youth product as Amplitude, Warby Parker prep public offerings
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This is Equity Monday, our weekly kickoff that tracks the latest private market news, talks about the coming week, digs into some recent funding rounds and mulls over a larger theme or narrative from the private markets. You […]
Tesla’s battery-manufacturing ‘Megafactory’ breaks ground in California
Tesla broke ground on its “Megafactory,” a new production facility in California, so christened because it will produce the company’s large-scale battery system Megapack. News of the previously unannounced factory was confirmed by the Lathrop Mayor Sonny Dhaliwal, in a Facebook post that was deleted and re-posted. “We are proud to be the home of […]
The Station: Gogoro scoots into a SPAC, a Rivian milestone and Tesla prepares to unleash FSD beta software
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hello readers: Welcome to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. The […]
Elon Musk praises Chinese automakers amidst regulatory scrutiny
An unusually scripted Elon Musk issued conciliatory and complimentary comments to Chinese automakers during a pre-recorded appearance at China’s World New Energy Vehicle Congress, striking a pose that is worlds away from his commentary style in the United States. “I have a great deal of respect for the many Chinese automakers for driving these [EV […]
Tesla will open controversial FSD beta software to owners with a good driving record
Tesla CEO Elon Musk said the company will use personal driving data to determine whether owners who have paid for its controversial “Full Self-Driving” software can access the latest beta version that promises more automated driving functions. Musk tweeted late Thursday night that the FSD Beta v10.0.1 software update, which has already been pushed out […]
Lucid Air snags the longest range EV title, surpassing Tesla
Lucid Group, the all-electric automaker slated to go public this year, said Thursday that one variant of its upcoming luxury Air sedan has an EPA range of more than 520 miles. The official rating of the Lucid Air Dream Edition Range variant pushes Lucid past Tesla, a company that has long dominated in this category. […]
Rivian’s first production R1T electric pickup truck rolls off the line
The first production Rivian R1T electric pickup truck in “Rivian blue” rolled off the assembly line Tuesday morning at the company’s factory in Normal, Illinois, marking a milestone more than a decade in the making for the automaker and its founder and CEO, RJ Scaringe. The company, which started in 2009 as Mainstream Motors before […]
自動運転システムの訓練に特化、テスラの独自チップから見えた“クルマの未来”
テスラが自動運転技術の開発を加速させるべく、人工知能(AI)の学習に用いる独自プロセッサー「D1」を発表した。その狙いを読み解くと、巨大なニューラルネットワークを高度化することで自動車の自律性を高める戦略が透けて見えてくる。
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