Ride-hailing giant Uber and Chinese autonomous vehicle startup Momenta plan to start testing robotaxis in Munich, Germany starting in 2026 – the first continental European city either company has announced publicly – with plans to expand to other markets. The partnership was first unveiled in May 2025, when Uber said Momenta-powered vehicles would launch on… Continue reading Uber and Momenta to test autonomous vehicles in Germany in 2026
Author: Tech Crunch Online News
Hyundai’s eVTOL startup Supernal pauses work following CEO and CTO departures
Hyundai’s electric air taxi startup Supernal has paused work on its aircraft program after a rocky few months that saw staff cuts and the departure of its CEO and CTO, two people familiar with the matter told TechCrunch. The shakeup comes at a time when Supernal has barely gotten off the ground — literally. The… Continue reading Hyundai’s eVTOL startup Supernal pauses work following CEO and CTO departures
Musk’s $1T pay package is full of watered-down versions of his own broken promises
Tesla has proposed a massive new $1 trillion compensation package for its CEO Elon Musk, and many of the benchmarks he needs to hit are simply watered-down versions of promises he’s spent years making about the company. That’s not the picture Tesla’s board of directors paints in the company’s annual proxy statement, where they revealed… Continue reading Musk’s $1T pay package is full of watered-down versions of his own broken promises
Tesla’s ad spend on X has shrunk to almost nothing
Tesla spent $400,000 advertising on Elon Musk’s social media platform X in 2024, according to a new regulatory filing. But the automaker appears to be on track to spend just a fraction of that in 2025 as sales have struggled. In the first two months of 2025, Tesla spent $10,000 on X ads, putting it… Continue reading Tesla’s ad spend on X has shrunk to almost nothing
Tesla shareholders to vote on investing in Musk’s AI startup xAI
Tesla shareholders will soon vote whether to let the electric vehicle maker invest in Elon Musk’s AI startup xAI, a proposal pitched as a way to strengthen Tesla’s ambitions in AI, robotics, and energy. Listed in Tesla’s proxy statement alongside a company-backed push to raise Musk’s 10-year pay package to $1 trillion, the proposal comes… Continue reading Tesla shareholders to vote on investing in Musk’s AI startup xAI
Tesla proposes new pay package for Elon Musk worth up to $1T
Tesla has proposed a new 10-year compensation plan for CEO Elon Musk that could be worth as much as $1 trillion even as the EV maker’s car business stumbles and it sets its sights on humanoid robotics and AI. The company has tied the compensation to a number of benchmarks, one of which involves increasing… Continue reading Tesla proposes new pay package for Elon Musk worth up to $1T
Rivian makes its second small workforce cut of the year ahead of R2 SUV launch
Rivian is laying off around 150 workers — its second small staff cut in a matter of months — as the company readies itself for the all-important launch of its more-affordable R2 SUV next year. The company confirmed to TechCrunch that the new cuts were mostly to its “commercial” team, which deals with sales and… Continue reading Rivian makes its second small workforce cut of the year ahead of R2 SUV launch
AI logistics startup Augment, from Deliverr’s founder, raises massive $85M Series A
Having built and sold e-commerce shipping startup Deliverr to Shopify for $2.1 billion in 2022, co-founder and CEO Harish Abbott knows the logistics industry well. Abbott felt that many manual tasks in logistics could be automated using AI. That’s why last year he launched Augment, which offers an AI assistant called “Augie” that can take… Continue reading AI logistics startup Augment, from Deliverr’s founder, raises massive $85M Series A
Waymo cleared to offer robotaxi rides at San Jose airport
Waymo has been cleared to serve its first airport in California: San Jose Mineta International. The company announced Thursday that it will start testing its robotaxis there in the coming months, and that it plans to start offering commercial rides by the end of the year. The company has spent years working toward serving airports… Continue reading Waymo cleared to offer robotaxi rides at San Jose airport
GE Aerospace to invest $300M in Beta Technologies to pair up on hybrid-electric power
GE Aerospace is taking a sizable stake in electric aviation company Beta Technologies, with the pair teaming up to build a hybrid-electric turbogenerator for next-gen aircraft. GE will also invest $300 million, pending regulatory approval, under a strategic deal announced Thursday. The new partnership comes as hybrid solutions gain momentum in the advanced air mobility… Continue reading GE Aerospace to invest $300M in Beta Technologies to pair up on hybrid-electric power