Elon Musk announces 9 percent job cut at Tesla in ‘difficult’ drive for profitability

Tesla CEO Elon Musk introduces the Tesla Semi truck and an updated version of the Tesla Roadster in November 2017. (Tesla via YouTube) Just days after promising he’d make Tesla profitable within months, CEO Elon Musk announced today that 9 percent of the company’s workforce is being laid off as part of the effort to… Continue reading Elon Musk announces 9 percent job cut at Tesla in ‘difficult’ drive for profitability

Taking Getaround for a spin: Can the Airbnb model work for renting your neighbor’s car?

Using a smartphone app, I was able to rent someone’s car in Seattle — this nice 2008 Nissan Rogue — and drive it around for a few hours thanks to a new service in town called Getaround. (GeekWire photo / Kurt Schlosser) Over the past decade, we’ve been conditioned to be comfortable with the notion of… Continue reading Taking Getaround for a spin: Can the Airbnb model work for renting your neighbor’s car?

Uber CEO Dara Khosrowshahi talks about flying taxis and why his kids won’t own cars

Uber CEO Dara Khosrowshahi, left, on “Office Hours,” the podcast hosted by Zillow CEO Spencer Rascoff. (Office Hours Photo) Riding in the back of an Uber is sometimes the best way to hear an opinion on just about anything, from music to politics to restaurants and more. Turns out the best way to get the… Continue reading Uber CEO Dara Khosrowshahi talks about flying taxis and why his kids won’t own cars

ReachNow car-sharing service partners with Intel in Portland; ends free-floating model in Brooklyn

BMW’s ReachNow will offer two designated drop-off zones in Seattle next month. (GeekWire Photo / Kurt Schlosser) ReachNow today announced a new partnership with Intel to provide easy accessibility to its car-sharing service at the company’s four campuses in Hillsboro, Ore. BMW-owned ReachNow has created dedicated parking spaces near major entrances at the tech giant’s… Continue reading ReachNow car-sharing service partners with Intel in Portland; ends free-floating model in Brooklyn

Tesla stock goes through twists and turns as analysts focus on Model 3 car outlook

Tesla CEO Elon Musk presides over the handover of the first Model 3 cars in August 2017. (Tesla via YouTube) Tesla’s share price took a weird turn today after the company reported its first-quarter financial results and billionaire CEO Elon Musk dissed analysts’ concerns about the Tesla Model 3 mass-market electric car. The raw numbers… Continue reading Tesla stock goes through twists and turns as analysts focus on Model 3 car outlook

Study estimates traveling with Uber and Lyft will be cheaper than owning a car in some cities by 2027

Autonomous Uber test vehicles at the Advanced Robotics Group in Pittsburgh. (GeekWire Photo / Taylor Soper) The cost of owning a car could be less than traveling exclusively with rideshare services in Seattle and Denver by 2027, according to a new study by QuoteWizard. Two commuters — one in Seattle and one in Denver —… Continue reading Study estimates traveling with Uber and Lyft will be cheaper than owning a car in some cities by 2027

There’s a new ride-hailing app in town: Moovn wants to challenge Uber and Lyft in Seattle

Moovn CEO and Founder Godwin Gabriel. (Moovn Photo) Godwin Gabriel believes the ride-hailing industry in America is ready for a new challenger. That’s why he began rolling out Moovn’s on-demand transportation app in Seattle in February. Gabriel lives in Seattle but as a Tanzania native, he saw African markets as the best place to begin growing… Continue reading There’s a new ride-hailing app in town: Moovn wants to challenge Uber and Lyft in Seattle

Scoop launches carpooling service in Portland, partners with OHSU

News Brief: Scoop is bringing its carpooling service to Portland, Ore. The Bay Area-based company offers an app that lets users carpool to work with colleagues and neighbors, matching them based on algorithms. Scoop focuses on partnering with large employers and city organizations; in Portland, it announced Oregon Health Science University as an early partner. Scoop… Continue reading Scoop launches carpooling service in Portland, partners with OHSU

Uber moves into multimodal transportation with acquisition of bike-share startup JUMP

Uber is acquiring JUMP, a dockless, electric bike share startup. (Uber Photo) Uber is expanding further into the competitive dockless bike-sharing space with the acquisition of JUMP. JUMP CEO Ryan Rzepecki announced his electric bike-sharing startup will join Uber but retain its distinct brand in a blog post Monday. Terms of the deal were not disclosed… Continue reading Uber moves into multimodal transportation with acquisition of bike-share startup JUMP

Bike sharing companies Spin, LimeBike warn riders of brake lines being cut on bicycles in Seattle

Spin has thousands of its orange bike-share bicycles in Seattle. (GeekWire Photo) Update, March 21, 3:40 p.m. PT: This story has been updated with additional information from LimeBike, the Seattle Department of Transportation, and more. Two dockless bike sharing companies in Seattle issued warnings to users on Wednesday to beware of vandalism that could pose… Continue reading Bike sharing companies Spin, LimeBike warn riders of brake lines being cut on bicycles in Seattle