Tesla

Fresh off a $530M round, Aurora acquires lidar startup Blackmore

Aurora, the self-driving car startup backed by Sequoia Capital and Amazon, is in an acquiring mood. The company, founded in early 2017 by Chris Urmson, Sterling Anderson and Drew Bagnell, announced Th

Elon Musk’s Boring Company lands $48.7M contract for underground ‘people mover’ in Las Vegas

The Boring Company (TBC), Elon Musk’s tunneling and transportation startup, has landed a $48.7 million project to shuttle people in an underground Loop system around the Las Vegas Convention Cen

Consumer Reports knocks Tesla’s Navigate on Autopilot feature

Consumer Reports is calling the automatic lane-change feature on Tesla’s Navigate on Autopilot “far less competent” than a human driver and cautioned it could pose safety risks. The

Review of Elon Musk’s DC-to-Baltimore ‘Loop’ system reveals safety concerns

The Boring Company’s Loop transit system that aims to shuttle people in autonomous electric vehicles between Baltimore and Washington, D.C. fails to meet several key national safety standards, a rev

Part fund, part accelerator, Contrary Capital invests in student entrepreneurs

Contrary Capital is raising $35 million to invest between $50,000 and $200,000 in students and recent college dropouts.

China’s Tesla wannabe Xpeng starts ride-hailing service

There’re a lot of synergies between electric vehicles and ride-hailing. Drivers are able to save more steering an EV compared to a gas vehicle. Environmentally conscious consumers will choose to

Volvo inks multi-billion-dollar battery deals with LG Chem and CATL for EVs

Volvo Car Group has inked a massive multi-billion-dollar supply deal with Chinese battery manufacturer CATL and Korea’s LG Chem to supply its planned fleet of electric vehicles. The lithium-ion

Musk’s new lawyer fights ‘pedo guy’ defamation lawsuit claims, questions motive

SpaceX and Tesla CEO Elon Musk’s lawyer argued Tuesday in a court filing that the British cave diver who became embroiled in a public spat with his client and later sued for defamation can&#8217

Elon Musk’s ‘pedo guy’ defamation case is going to trial

A defamation case filed last year against Tesla and SpaceX CEO Elon Musk after he repeatedly called a British cave diver “pedo guy” will go to trial on October 22, a U.S. district judge de

VW’s new electric hatchback receives 10,000 pre-orders in first 24 hours

Volkswagen opened up pre-orders in Europe at a launch event Wednesday for a special edition of the first model in its new all-electric ID brand. Within 24 hours, the company received more than 10,000

Trump’s tariffs could knock Tesla’s Autopilot off course

The White House has refused to exempt the “brain” of Tesla’s Autopilot technology from punitive import tariffs, a decision that could delay or disrupt the company’s self-driving ambiti

Tesla bumps up its capital raise by $400 million, with Elon Musk taking an additional $15 million

Tesla is going to raise an additional $400 million in its latest sale of stock, with co-founder and chief executive Elon Musk committing to buy an additional $15 million in shares, according to a fili

Tesla is raising up to $1.5 billion through convertible note and share sale

Tesla is raising up to $1.55 billion through the sale of notes and shares, according to a filing made by the EV maker today. The document outlines that Tesla will sell up to $1.35 billion in convertib

Week-in-Review: Tesla’s losses and Elon Musk’s new promises

What a complicated week for Tesla . The electric car-maker announced this week that it had lost more than $700 million in the first quarter of 2019, an unpleasant surprise for investors that came duri

Some reassuring data for those worried unicorns are wrecking the Bay Area

The San Francisco Bay Area is a global powerhouse at launching startups that go on to dominate their industries. For locals, this has long been a blessing and a curse.

Tesla to open up Model 3 orders in UK

Tesla is poised to open up orders for the Model 3 in the U.K. by early May, as well as other markets that have right-hand drive vehicles, according to a tweet from CEO Elon Musk. The Model 3 order pag

Elon Musk on taking Tesla private: ‘That ship has sailed’

Elon Musk would prefer if Tesla, which is known for its volatile share price and is among the most heavily shorted stock, were a private company, but acknowledged during an earnings call Wednesday tha

Tesla plans to launch an insurance product ‘in about a month’

Tesla is developing an insurance product, which could be launched in about a month, CEO Elon Musk said during a call with analysts Wednesday following its first-quarter earnings report. “It will

Despite declines for the quarter, Tesla is bullish on its overall energy business

Even as its solar business declined in step with its overall earnings, Tesla is bullish on the prospects for the energy side of its business over the course of the year. The energy business is an unhe

Tesla reports $702 million loss in first quarter

Tesla reported Wednesday wider-than-expected loss of $702 million, or $4.10 a share, in the first quarter after disappointing delivery numbers, costs and pricing adjustments to its vehicles threw the
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