Uber’s trying no-meeting Mondays to give employees a break from ‘tiring’ back-to-back meetings, a leaked email reveals (UBER)

Uber has scheduled two “no-meeting” days this summer. “We know it can be tiring to have back-to-back meetings,” the company’s HR chief wrote in an email. The move comes as workers are spending more time in meetings. Uber has designated two Mondays this summer as meeting-free, chief people officer Nikki Krishnamurthy said in a company-wide… Continue reading Uber’s trying no-meeting Mondays to give employees a break from ‘tiring’ back-to-back meetings, a leaked email reveals (UBER)

Google’s self-driving startup Waymo argues the UK shouldn’t cap autonomous cars on the road

Google’s self-driving division Waymo argued the UK shouldn’t restrict autonomous cars on the road. Its comments come as the UK consults on the regulation of driverless cars. Cars with some level of self-driving capabilities will be permitted on UK roads this year. Loading Something is loading. Waymo, the self-driving vehicles startup owned by Google, has… Continue reading Google’s self-driving startup Waymo argues the UK shouldn’t cap autonomous cars on the road

Elon Musk says Tesla is ‘quite likely’ to build a factory in India but only if import taxes are lowered

Tesla CEO Elon Musk on Friday said a new factory in India was “quite likely.” But he added that the country would first have to lower its import fees for completed vehicles.  Tesla has been lobbying government officials to lower import duties, Reuters reported. Loading Something is loading. Tesla is “quite likely” to build an… Continue reading Elon Musk says Tesla is ‘quite likely’ to build a factory in India but only if import taxes are lowered

Self-driving leader Argo AI’s CEO explains how his new deal with Lyft helps the startup clear a critical hurdle

Robotaxis from Argo AI and Ford are coming to Miami this year and Austin in 2022. Lyft’s customer base and data made it an attractive partner, Argo CEO Bryan Salesky said. He’s looking forward to getting feedback from riders outside the company. Five years after its founding, Argo AI had an automated-driving system that had… Continue reading Self-driving leader Argo AI’s CEO explains how his new deal with Lyft helps the startup clear a critical hurdle

‘I might pump but I don’t dump’: Elon Musk outlined his broad approach to crypto investing in a panel also featuring Cathie Wood and Jack Dorsey

Elon Musk REUTERS/Mike Blake Elon Musk on Wednesday said he is a supporter of bitcoin and wants to see the cryptocurrency succeed. “If the price of bitcoin goes down, I lose money. I might pump but I don’t dump,” Musk said during “The B Word” event. Musk spoke on the panel alongside Twitter chief Jack… Continue reading ‘I might pump but I don’t dump’: Elon Musk outlined his broad approach to crypto investing in a panel also featuring Cathie Wood and Jack Dorsey

Tesla knocked $500 off a hardware upgrade for its Full Self Driving subscription after customer backlash (TSLA)

Tesla told some owners they needed a hardware upgrade to get a Full Self-Driving subscription. This provoked backlash — Tesla said in 2016 its cars would come with Full Self-Driving hardware. Tesla dropped the cost of the upgrade from $1,500 to $1,000. Loading Something is loading. Elon Musk promised for months to offer a low-cost… Continue reading Tesla knocked $500 off a hardware upgrade for its Full Self Driving subscription after customer backlash (TSLA)

Uber CEO says ride prices will be close to normal by September

Uber CEO Dara Khosrowshahi said that ride prices will return “to nearly the good old days” by September, The New York Times reported on Thursday.  During the pandemic, the popular ride-sharing app lost billions as people isolated at home. Now, users are opening the black-and-white app again — only to be shocked by high prices… Continue reading Uber CEO says ride prices will be close to normal by September

Elon Musk is defending Tesla’s acquisition of SolarCity against angry shareholders. This is the story of how it was transformed into Tesla Energy.

SolarCity was founded in 2006 by Elon Musk’s cousins Lyndon and Peter Rive. SolarCity cofounder and former CEO Lyndon Rive.REUTERS/Rashid Umar Abbasi Musk’s cousins founded SolarCity at his suggestion, and Musk injected $10 million into the project himself. The company initially enjoyed success, and in 2013 became the top residential installer for solar panels in… Continue reading Elon Musk is defending Tesla’s acquisition of SolarCity against angry shareholders. This is the story of how it was transformed into Tesla Energy.

Uber CEO: CEOs are paid too much (UBER)

Uber CEO Dara Khosrowshahi thinks his fellow C-suiters are overpaid, he told The New York Times.  He made around $12 million in 2020 and more than $42 million in 2019, when you include stock bonuses.  CEO pay rose sharply in 2020, with several executives raking in paydays in excess of $100 million. See more stories… Continue reading Uber CEO: CEOs are paid too much (UBER)

Uber’s CEO says he ‘nearly got killed’ while delivering for UberEats on bike in San Francisco (UBER)

Uber’s CEO delivered food for UberEats, and he told The New York Times he “nearly got killed.” Dara Khosrowshahi said “traffic was nuts” as he rode his bike near a baseball park in San Francisco. He said he spent time delivering food in late June and made about 0.3% of his daily salary. See more… Continue reading Uber’s CEO says he ‘nearly got killed’ while delivering for UberEats on bike in San Francisco (UBER)