Kirsten Korosec

Senior reporter and editor at TechCrunch.

The Latest from Kirsten Korosec

Elon Musk, Tesla found not liable in ‘funding secured’ tweet lawsuit

Elon Musk was found not liable in a class-action securities fraud trial that centered on the Tesla CEO’s now infamous “funding secured” tweet. The central question in the lawsuit was

Tesla, Ford and GM win in EV tax credit change

A few more electric vehicle models now qualify for the federal EV tax credit, including GM’s Cadillac Lyric, the Ford Mustang Mach-E and Tesla’s five-seater Model Y, thanks to a change by

Ford left ‘$2B of profits on the table’ in 2022

Ford reported Thursday it earned $10.4 billion in net income last year, falling well below its own guidance and missing Wall Street’s expectations as the U.S. automaker struggled with supply cha

Bollinger Motors sues Munro Vehicles over similarity of its EVs

Two EV startups may soon be battling it out in court over alleged breach of contract and patent infringement. EV startup Bollinger Motors filed a lawsuit this week in the U.S. District of Southern New

Nissan finally shows off the Max-Out EV convertible concept in IRL

Way back in November 2021, Nissan shared renderings of four electric vehicle concepts with intriguing names like Chill-Out, Surf-Out, Hang-Out and Max-Out as part of its announcement to invest $17.6 b

Rivian to cut another 6% of its workforce

Rivian, the buzzy EV automaker that had one of the biggest IPOs in 2021, is cutting 6% of its workforce for the second time in less than a year, according to an internal memo sent to employees today b

GM invests $650M in lithium mining to lock down EV raw materials

General Motors said Tuesday it will invest $650 million into Lithium Americas as part of an agreement to develop a mine in Nevada, the latest effort by the automaker to lock down a supply chain of key

AV company Aurora hires president ahead of commercial launch

Aurora Innovation said Monday it has hired Ossa Fisher as president as the autonomous vehicle company prepares to commercially launch its self-driving trucks business next year. The company said Fishe

EV company Arrival to cut workforce by 50% in third restructuring effort

Arrival is going through another restructuring — this time led by a newly appointed CEO — that will slash its workforce by about 50% as the U.K.-based commercial EV company attempts to reduce oper

Ford discounts its all-electric Mustang Mach-E in response to Tesla’s EV price war

Ford said Monday it has increased production and cut the price of its all-electric Mustang Mach-E crossover, the latest automaker to join an EV price war started by Tesla. Ford Mustang Mach-E vehicles

Elon takes the stand, Akio Toyoda hands over the CEO keys and layoffs come for Waymo

It seems we can’t get through a week without discussing something related to Tesla. Much of the attention was directed at the class-action securities fraud trial in San Francisco.

Zeekr goes on a hiring spree, Tesla kicks off a price war and Hesai files for an IPO

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Outrider raises $73M to bring its autonomous electric yard trucks into the mainstream

Autonomous vehicle technology may no longer be the fuel powering the hype machine. But companies applying the technology to agriculture, commercial and logistics applications are still attracting vent

Lidar companies face a ‘make it or break it’ year

That nagging déjà vu feeling kept creeping in earlier this month during CES 2023 in Las Vegas. At every turn, in the newly constructed West Hall at the Las Vegas Convention Center, and even amid the

Shell snaps up EV charging operator Volta for $169 million

A U.S.-based subsidiary of oil company Shell is buying EV charging network operator Volta in an all-cash transaction valued at $169 million. Under the terms of the merger agreement, Shell USA Inc. wil

Uber drivers in Europe gain access to Tesla, Polestar and other EVs through Hertz

Uber has expanded an agreement with Hertz to get thousands of ride-hailing drivers behind the wheel of an electric car — this time in Europe. The two companies announced that Hertz will make up to 2

Tesla rolls into a pressure cooker, Paris mulls its scooter future, and the double SPAC arrives

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the full edition of the newsletter every weekend in your inbox. Subsc

Bugatti’s new electric scooter is bigger with W16 Mistral vibes

Somewhere hidden amid the thousands of flashy displays and exhibits at CES 2023 in Las Vegas was the newly upgraded 2023 Bugatti electric scooter. TechCrunch never saw it. Did anyone? Luckily, details

Tesla keeps slashing prices, this time by as much as 20%

Tesla has once again lowered prices of its EVs — this time for U.S. buyers — as the automaker scrambles to shore up demand. This is at least the fourth time the automaker has discounted its vehicl

News aggregator SmartNews lays off 40% of US and China staff, with further reductions planned in Japan

SmartNews, a Tokyo-headquartered news aggregation website and app valued at $2 billion as of 2021, today announced a 40% reduction of its U.S. and China workforce, or around 120 people, according to s
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