Tesla CEO Elon Musk said Wednesday his company will launch a paid ride-hailing robotaxi service in Austin, Texas using its own fleet vehicles this coming June — the latest in a long line of sky-high promises he has yet to meet about autonomy. Musk was otherwise unsurprisingly light on details. During an earnings call, Musk… Continue reading Elon Musk claims Tesla will launch a self-driving service in Austin in June
Author: Tech Crunch Online News
Waymo reportedly testing robotaxis in 10 new cities in 2025
Waymo plans to start testing autonomous vehicles in 10 new cities this year, starting with Las Vegas and San Diego, according to The Verge. However, this doesn’t mean the company will launch commercial operations in any of these cities — or even test them in autonomous mode. Waymo told The Verge it will send less… Continue reading Waymo reportedly testing robotaxis in 10 new cities in 2025
UVeye racks up another $191 million for its vision-based ‘MRI for cars’
UVeye started as a play to scan cars for security threats, but the Israeli startup really hit its stride when its founders realized the AI-powered computer vision systems could perform more typical vehicle inspections. Now, the company is evolving its funding strategy. UVeye announced Wednesday morning a $191 million extension to its 2023 Series D… Continue reading UVeye racks up another $191 million for its vision-based ‘MRI for cars’
Tesla earnings live updates: Elon, new EVs, AI, and more
Live Transportation Tesla’s fourth-quarter and full-year earnings day is here — a highly anticipated report that is expected to be released after market close Wednesday. Tesla management, which will likely include CEO Elon Musk, will hold an earnings call at 5:30 p.m. ET. This is the company’s first earnings call since Musk took a prominent… Continue reading Tesla earnings live updates: Elon, new EVs, AI, and more
On Tesla earnings day, all eyes are Elon, profits, and AI
Tesla earnings day is upon us — the quarterly check in with one of the world’s largest EV makers and its controversial CEO Elon Musk. Tesla’s fourth-quarter and full-year earnings are expected to be released Wednesday after market close. A webcast, in which Tesla management will answer questions from analysts and retail investors, is scheduled… Continue reading On Tesla earnings day, all eyes are Elon, profits, and AI
Shared scooter startup Voi reports its first profitable year as it explores an IPO
Swedish shared micromobility giant Voi had its first profitable year in 2024, according to preliminary unaudited results the company shared exclusively with TechCrunch. Voi, which offers shared e-scooters and e-bikes across more than 100 markets in Europe, recorded €132.8 million ($138 million) in net revenue in 2024. On an adjusted basis, Voi earned €17.2 million… Continue reading Shared scooter startup Voi reports its first profitable year as it explores an IPO
Waymo begins testing robotaxis on LA freeways
Waymo robotaxis have become a common sight on Los Angeles surface streets. Now those driverless vehicles are heading to the city’s network of freeways. The Alphabet-owned autonomous vehicle technology company said Tuesday it will begin testing its fleet of robotaxis on the Los Angeles freeway system, including Interstates 10, 110, 405, and 90. These robotaxis… Continue reading Waymo begins testing robotaxis on LA freeways
GM expects to save up to $1 billion on Cruise costs
General Motors expects to save up to $1 billion annually by ending its Cruise robotaxi development program, CEO and Chair Mary Barra said Tuesday during the company’s earnings call. The estimate comes nearly two months after the automaker said it would no longer fund Cruise, its self-driving subsidiary that aimed to commercialize robotaxis. “GM has… Continue reading GM expects to save up to $1 billion on Cruise costs
Waymo lobbyist activity in SF skyrocketed in 2024
Waymo lobbyists had a busy 2024. A recent review of lobbyist disclosure data by the San Francisco Examiner revealed Waymo paid lobbyists to meet with San Francisco government officials 348 times last year, more than double the 137 times it reported in 2023. The pop in lobbyist activity is in sync with Waymo’s expansion in… Continue reading Waymo lobbyist activity in SF skyrocketed in 2024
This veteran couldn’t share 3D scans of a burnt naval ship, so he created a startup that can
In the summer of 2020, a fire broke out onboard a naval ship docked in San Diego Bay. For more than four days, the USS Bonhomme Richard burned as helicopters dropped buckets of water from above, boats spewed water from below, and firefighters rushed onboard to control the blaze. Before the embers had even cooled,… Continue reading This veteran couldn’t share 3D scans of a burnt naval ship, so he created a startup that can