In November, Elon Musk’s Tesla brought out a novelty tequila called “Tesla Tequila.” Originally, Tesla filed to call the product “Teslaquila,” but it was blocked by Mexico’s Tequila Regulatory Council. Essentially, if Tesla wanted to call its drink tequila, it had to use the word tequila without changing it so as to avoid diluting the… Continue reading Elon Musk wanted to name his tequila ‘Teslaquila,’ but Mexico wouldn’t let him
Author: Business Insider
Nikola’s Badger has been canceled, but other electric pickups with outlandish features are coming — here’s what to expect from Tesla, Rivian, GMC, and others
Electric pickup trucks are set to flood the car market over the next couple of years, with many promising cool and useful features. Tesla claims its Cybertruck will be bulletproof, Rivian has showed off an innovative “gear tunnel” cargo area in its R1T, and the GMC Hummer EV will have a removable, transparent roof. Buyers… Continue reading Nikola’s Badger has been canceled, but other electric pickups with outlandish features are coming — here’s what to expect from Tesla, Rivian, GMC, and others
Tesla surges 4% to record high amid approval from China to sell its Model Y SUV (TSLA)
Attila Kisbenedek/AFP via Getty Images Tesla’s stock hit a record high on Monday amid a report from Reuters that the electric vehicle company gained approval from China to sell its Model Y SUV in the country. Tesla has built up its manufacturing capabilities in Shanghai to produce the Model Y SUV. The company already sells… Continue reading Tesla surges 4% to record high amid approval from China to sell its Model Y SUV (TSLA)
The inside story of how Henrik Fisker pulled off a $3 billion deal to fuel his electric car comeback (FSR)
Henrik Fisker has bounced back from the demise of his first car company, Fisker Automotive, with Fisker, Inc. Fisker, Inc. recently went public at a $3 billion valuation that quickly shot up to over $4 billion. The deal used a once-derided but now popular investment vehicle called a SPAC to execute a reverse-merger and list… Continue reading The inside story of how Henrik Fisker pulled off a $3 billion deal to fuel his electric car comeback (FSR)
A leaked copy of Uber’s employee handbook reveals how the ride-hailing giant has grown up since Travis Kalanick joked about not being able to sleep with employees (UBER)
Business Insider obtained a copy of Uber’s employee handbook. The document illustrates the differences between the tones that CEO Dara Khosrowshahi and his predecessor, Travis Kalanick, set for the company’s culture. Are you a current or former Uber employee? Do you have an opinion about what it’s like to work there? Contact this reporter at mmatousek@businessinsider.com,… Continue reading A leaked copy of Uber’s employee handbook reveals how the ride-hailing giant has grown up since Travis Kalanick joked about not being able to sleep with employees (UBER)
A researcher managed to ‘steal’ a Tesla in 90 seconds with a $300 bluetooth kit (TSLA)
Danish researcher Lennert Woulters found two easy loopholes in Tesla’s computer system that could theoretically allow someone to gain access and steal a Model X. He made the discovery with just a few hundred dollars worth of supplies, including a Bluetooth radio and Tesla computer from eBay. Tesla says its rolling out fixes to prevent… Continue reading A researcher managed to ‘steal’ a Tesla in 90 seconds with a $300 bluetooth kit (TSLA)
Uber is reportedly in talks to sell its self-driving vehicle division to a startup run by former Uber, Tesla, and Google executives and backed by Amazon (UBER)
Uber is in talks to sell its self-driving vehicle division, ATG, to autonomous vehicle startup Aurora, TechCrunch reported Friday. ATG has been hobbled by a deadly crash, infighting, and unreliable tech — leading investors to lose patience and sparking rumors the company would try to offload the struggling unit. Despite a previous $7.25 billion valuation,… Continue reading Uber is reportedly in talks to sell its self-driving vehicle division to a startup run by former Uber, Tesla, and Google executives and backed by Amazon (UBER)
A Panasonic battery VP explains the biggest challenge her team faces as it prepares for a huge wave of electric cars
Panasonic executive Celina Mikolajczak said on Tuesday that increasing production capacity is the biggest challenge the company’s electric-vehicle battery division faces right now. That’s partly the result of a supply chain for raw materials that’s concentrated in a small number of companies, Mikolajczak said. The auto industry is planning a major increase in EV production… Continue reading A Panasonic battery VP explains the biggest challenge her team faces as it prepares for a huge wave of electric cars
California voters approved Proposition 22, keeping ride-share and food delivery drivers as contractors — here’s what that means for companies like Uber, Lyft, Instacart, DoorDash and their workers (UBER, LYFT)
California voters approved Proposition 22, a legislation that keeps rideshare and food delivery drivers as “independent contractors” who do not qualify for state and local employee benefits like minimum wage, healthcare, or paid time off. The ballot measure, backed by Uber, Lyft, Instacart, and DoorDash, exempts firms from AB-5, a state law that would have… Continue reading California voters approved Proposition 22, keeping ride-share and food delivery drivers as contractors — here’s what that means for companies like Uber, Lyft, Instacart, DoorDash and their workers (UBER, LYFT)
Uber and Lyft gain $13 billion in combined market value after Californians approve Prop 22
Lyft executives celebrate the company’s IPO in 2019. Mario Tama/Getty Images Uber shares rose as much as 18% and Lyft shares jumped as much as 22% on Wednesday after California voters approved Proposition 22. The ballot measure’s passage means the ride-hailing companies can continue to classify their drivers as independent contractors instead of employees, exempting… Continue reading Uber and Lyft gain $13 billion in combined market value after Californians approve Prop 22