Automotive

Tesla locks in stock surge with $2B offering at $767 per share

February 15, 2020 0

Tesla has priced its secondary common stock offering at $767, a 4.6% discount from Thursday’s share price close, according to a securities filing Friday. Tesla

Maniv Mobility General Partner Olaf Sakkers is coming to TC Sessions: Mobility

February 14, 2020 0

In case you haven’t heard, TC Sessions: Mobility is back for second year. This one-day event, which will be held May 14 in San Jose,

Karma Automotive to lay off 60 more workers at California headquarters

February 13, 2020 0

Karma Automotive is laying off 60 workers at its Irvine, Calif., headquarters, just three months after cutting 200 workers, according to documents filed with the

SoftBank-backed Fair puts the brakes on weekly car rentals for Uber drivers

February 7, 2020 0

When Fair laid off 40% of its staff in October, CEO Scott Painter promised it wasn’t shuttering leasing services to on-demand fleets. But just one

Self-driving company Waymo teams up with UPS for package delivery

January 30, 2020 0

Waymo will start delivering parcels for UPS using its self-driving Chrysler Pacifica minivans in Phoenix as part of a broader partnership with the shipping and

Tesla shares jump on profitable quarter, Model Y production

January 30, 2020 0

Tesla continued its profitability streak in the fourth quarter, earning $105 million and generating nearly $7.4 billion in revenue, results that beat expectations and sent

Tesla to begin deliveries of Model Y by end of first quarter

January 30, 2020 0

Tesla said Wednesday that production of the Model Y started this month with the first deliveries of the all-electric compact crossover to begin by the

Tesla temporarily closes Shanghai factory over coronavirus concerns

January 30, 2020 0

Tesla has shut down its Shanghai factory as part of a broader order by the Chinese government to stem the spread of the coronavirus in

Uber’s Shin-pei Tsay is coming to TC Sessions: Mobility

January 24, 2020 0

Government and policy experts are among the most important people in the future of transportation. Any company pursuing the shared scooters and bikes business, ride-hailing,

Cruise doubles down on hardware

January 22, 2020 0

Ten months ago, Cruise declared it would hire at least 1,000 engineers by the end of the year, an aggressive target — even for a

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