Author: Business Insider

Tesla’s chief executive Elon Musk on Monday night dispelled earlier reports that a major refresh to the company’s Model S and X was being planned. “There is no “refreshed” Model X or Model S coming, only a series of minor ongoing changes,” he tweeted in response to a question. “Most significant change in past few… Continue reading Elon Musk says there’s no Model S or X refresh coming: ‘only minor changes’ (TSLA)

Tesla will likely start installing the chip it designed to one day make its cars autonomous on vehicles that don’t already have it near the end of this year, CEO Elon Musk said on Sunday. “End of Q4, most likely,” Musk said on Twitter after being asked when Tesla would upgrade vehicles that were not… Continue reading Elon Musk said older Teslas will probably get the chip the company designed to make its cars self-driving near the end of this year (TSLA)

When Uber filed to go public earlier this year, the company told investors there were six countries on its to-do list. Among those nations where the ride-hailing giant has struggled to gain a foothold is Japan. Now, however, Uber may have found an unusual way in. Chief executive Dara Khosrowshahi told Bloomberg on Thursday that… Continue reading Uber’s CEO says elderly people are fueling its efforts to ramp up food delivery in Japan (UBER)

Oscar Pierre is the 26-year-old cofounder and CEO of Glovo, a Barcelona-based delivery app similar to Uber Eats. He stared down financial ruin to build the company into a major player in the crowded delivery market. Bloomberg said Glovo could be worth €650 million ($730 million), and the firm’s revenue jumped from €18 million ($20… Continue reading A 26-year-old CEO borrowed this smart strategy from Uber to conquer new markets and help raise $340 million

Many Uber drivers and riders are reporting a peculiar problem: drivers were being sent to their destinations instead of the pickup point. The issue appears to be mainly affecting the Uber Driver app, which is a separate product from the rider app, and sending drivers to a requested destination before picking up the passenger who… Continue reading An Uber glitch sent drivers to riders’ final destinations — before picking anyone up (UBER)

The Chinese electric-vehicle startup Nio is recalling 4,803 ES8 SUVs following reports of three vehicles catching fire. The company announced the recall Thursday in a post on its website, saying an issue with an old version of their battery packs had the potential to cause a short circuit. Vehicles produced after October 20, 2018, have… Continue reading Tesla rival Nio is recalling around 4,800 vehicles after 3 caught fire

Tesla is attempting to develop its own battery cells, CNBC‘s Lora Kolodny reported, citing five current and recent employees. The electric-car maker is reportedly creating designs and prototypes for lithium-ion battery cells at what CNBC refers to as a “skunkworks lab” near its Fremont, California, factory. Tesla is also developing the equipment and methods needed… Continue reading Tesla is reportedly trying to make its own battery cells as its relationship with Panasonic becomes more tense (TSLA)

Starsky Robotics is now testing autonomous trucks that have no driver inside, the San Francisco Bay Area startup announced on Wednesday. As of June 16, Starsky began operating truly driverless semi-trucks on the Florida turnpike. It’s a first in the industry. To be sure, there are plenty of autonomous trucks on the road. TuSimple has… Continue reading A little-known trucking startup just beat Tesla and Waymo to run driverless semi-trucks on the open road