Automotive
Tesla’s racially diverse workforce is led mostly by white men, internal report shows
Tesla’s top leadership positions skew white and male with just 4% of those roles going to Black employees, according to the company’s first diversity and
Revel pulls electric mopeds after failing to make a dent in Austin’s car culture
Shared electric moped startup Revel said Friday that it will shut down its service in Austin later this month. The startup’s CEO and co-founder Frank
Scale AI hits $3.5B valuation as it turns the AI boom into a venture bonanza
Scale AI, the four-year-old data labeling startup, has discovered that selling the picks and shovels needed to develop and apply artificial intelligence is big business.
Elon Musk would consider having Tesla acquire a legacy automaker
Elon Musk would consider leveraging Tesla’s mega $554 billion market cap to buy a legacy automaker, but only if it was on friendly terms, the
EV bus and truck maker The Lion Electric to take SPAC route to public markets
Canadian electric truck and bus manufacturer The Lion Electric Company said Monday it plans to become a publicly traded company via a merger with special
GM dumps Trump to side with California in emissions rules fight
General Motors is changing sides in a battle over whether states — and specifically California — can set tailpipe emissions regulations and other rules meant
Mobileye taps Luminar to supply lidar for its robotaxi fleet
Luminar, the buzzy sensor startup that is on the verge of becoming a publicly traded company, locked in a supplier deal to furnish Intel subsidiary
Motional gets approval to test fully driverless vehicles in Nevada
Motional, the Aptiv-Hyundai $4 billion joint venture aimed at commercializing autonomous vehicles, is preparing to roll out fully driverless vehicles on public roads in Las
Uber in talks to sell ATG self-driving unit to Aurora
Eighteen months ago, Uber’s self-driving car unit, Uber Advanced Technologies Group, was valued at $7.25 billion following a $1 billion investment from Toyota, DENSO and
Lyft sees ride revenues recover by nearly 50% in just three months
Shares of Lyft are riding high, popping more than 7% in after-hours trading today after the American ride-hailing giant reported its Q3 earnings. Lyft, which
