Tesla CEO Elon Musk has said there have been 250,000 pre-orders for Tesla’s futuristic Cybertruck pickup truck in an ultra-brief tweet on Monday. Early on Monday morning, Musk tweeted the word “250k”, implying the new pre-oreder figure. Tesla is currently taking pre-orders for the Cybertruck for $100 each. The vehicle is set to begin production… Continue reading Elon Musk says there are 250,000 pre-orders for Tesla’s Cybertruck
Author: Business Insider
A new Chicago ride-hailing law reveals for the first time what Uber and Lyft really charge (UBER, LYFT)
Uber and Lyft’s pricing strategies have been revealed for the first time thanks to a new Chicago law. A Reuters analysis of the data shows fares for shared rides in the city have risen significantly over the past year, while fares for single riders have remained stable. The data doesn’t differentiate between companies, but Uber… Continue reading A new Chicago ride-hailing law reveals for the first time what Uber and Lyft really charge (UBER, LYFT)
Passengers in Lyft and Aptiv’s self-driving cars have given their rides an average rating of 4.97 out of 5. A Lyft VP gives 3 reasons why. (LYFT)
Lyft has received enthusiastic feedback from the 75,000 rides it has given in Las Vegas using self-driving cars run by Aptiv‘s technology. Those passengers have given their rides an average rating of 4.97 points out of five, Taggart Matthiesen, Lyft‘s vice president of product for autonomous technology, told Business Insider in October. Matthiesen said he… Continue reading Passengers in Lyft and Aptiv’s self-driving cars have given their rides an average rating of 4.97 out of 5. A Lyft VP gives 3 reasons why. (LYFT)
GM’s first electric pickup truck will go on sale in 2021 (GM)
General Motors’ first electric pickup truck model will go on sale in the fall of 2021, the company’s top executive said on Thursday, around the same time as electric carmaker Tesla’s own model is expected to debut. “General Motors understands truck buyers and… people who are new coming into the truck market,” Chief Executive Officer… Continue reading GM’s first electric pickup truck will go on sale in 2021 (GM)
Elon Musk says the Tesla 2020 Roadster ‘maybe won’t need a key at all’ (TSLA)
A Tesla fan tweeted at Elon Musk Wednesday with a modest request for the new Tesla Roadster: a socket near the driver meant to hold the key fob. The Tesla founder and CEO responded by teasing a feature of the next Roadster: owners “maybe won’t need a key at all.” —Elon Musk (@elonmusk) November 20,… Continue reading Elon Musk says the Tesla 2020 Roadster ‘maybe won’t need a key at all’ (TSLA)
Inside Lyft’s deal with Gett, which will see 99 engineers in Belarus move to Lyft and roughly 100 US employees laid off (LYFT)
Lyft on Monday announced a deal with Europe’s Gett. At the same time, Gett announced the shuttering of its ride-hailing business Juno, a small but fiercely loved competitor in New York. Ninety-nine members of the engineering and tech team in Belarus will join Lyft as part of the agreement, but another roughly 100 support and… Continue reading Inside Lyft’s deal with Gett, which will see 99 engineers in Belarus move to Lyft and roughly 100 US employees laid off (LYFT)
Lyft soars after agreeing to partnership with Gett, the owner of shuttered rideshare rival Juno
Reuters Shares of the ride-hailing company Lyft gained as much as 5.32% Monday after Gett announced that it would partner with the company for its corporate clients in the U.S. beginning next year. “This development reinforces Gett’s strategy to build a profitable company focused on the corporate transportation sector, a market worth $1 trillion each… Continue reading Lyft soars after agreeing to partnership with Gett, the owner of shuttered rideshare rival Juno
Introducing ‘Shifting Gears’: Business Insider’s weekly transportation newsletter
Welcome to “Shifting Gears,” Business Insider’s first transportation-focused newsletter In this weekly digest, we’ll be highlighting the latest developments on everything from Uber and Lyft’s battle to turn a profit, Tesla and its eccentric CEO Elon Musk, Boeing’s 737 Max crisis, and more. But we also want to hear from you. What stories are we… Continue reading Introducing ‘Shifting Gears’: Business Insider’s weekly transportation newsletter
Uber is using Waymo tech in its self-driving cars. That could be an expensive problem. (UBER)
Uber “will likely” have to strike a deal with Waymo or develop it’s own software, the company said. The shift comes after an expert found the ride-hailing company has been using tech from the Alphabet-owned company. It’s not clear by when Uber will have to make the decision, which could prove expensive for its already… Continue reading Uber is using Waymo tech in its self-driving cars. That could be an expensive problem. (UBER)
Walmart ends legal feud with Tesla after accusing the company’s solar panels of causing fires at 7 stores (TSLA, WMT)
Walmart has dropped its lawsuit against Tesla, which accused the company’s solar panels of causing fires at seven stores. Tesla engaged in “widespread negligence” as it installed more than 200 systems at Walmart stores nationwide, the original complaint said. A Walmart representative said the two companies had reached a settlement outside of the court to… Continue reading Walmart ends legal feud with Tesla after accusing the company’s solar panels of causing fires at 7 stores (TSLA, WMT)