Tesla reports $702 million loss in first quarter – TechCrunch

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...

Alphabet’s Wing gets FAA permission to start delivering by drone –...

Wing Aviation, the drone-based delivery startup born out of Google’s X labs, has received the first FAA certification in the country for...

GV-backed KeepTruckin nabs $149M at $1.25B valuation – TechCrunch

KeepTruckin, a developer of hardware and software that helps truck drivers manage their vehicles and cargo, has raised $149 million in Series...

Smartcar accuses $50M-funded rival Otonomo of API plagiarism – TechCrunch

Ruthless copying is common in tech. Just ask Snapchat. However, it’s typically more conceptual than literal. But car API startup Smartcar claims that...

Tesla plans to launch a robotaxi network in 2020 – TechCrunch

Tesla expects to launch the first robotaxis as part of broader vision for an autonomous ride-sharing network in 2020, CEO Elon Musk...

Tesla vaunts creation of ‘the best chip in the world’ for...

At its “Autonomy Day” today, Tesla detailed the new custom chip that will be running the self-driving software in its vehicles. Elon...

Tesla’s computer is now in all new cars and a next-gen...

The Tesla computer, a new custom chip designed to enable full self-driving capabilities, is now in all new Model 3, X and...

Tesla’s board is about to get a lot smaller – TechCrunch

Tesla is cutting its board down by more than one-third, to seven directors, by 2020, a move that includes the loss of...

Phantom Auto raises $13.5M to expand remote driving business to delivery...

Remote driving startup Phantom Auto has raised $13.5 million of financing in a Series A round led by Bessemer Venture Partners — capital...

100 Car2go Mercedes hijacked in Chicago crime spree – TechCrunch

Car2go, free-floating car-sharing service owned by Daimler, temporarily shut down its service in Chicago on Wednesday after dozens of Mercedes-Benz vehicles were stolen...

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