The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the full edition of the newsletter every weekend in your inbox. Subscribe for free. Welcome back to The Station, your central hub for all past, present and future means of moving people and packages from Point… Continue reading Elon takes the stand, Akio Toyoda hands over the CEO keys and layoffs come for Waymo
Author: Tech Crunch Online News
Toyota’s surprise executive shakeup may disappoint investors
Toyota’s president, Akio Toyoda, surprised the automotive world this week by announcing he would resign his position and hand the reins over to Koji Sato, who currently helms the company’s Lexus and Gazoo Racing divisions. But Toyoda isn’t going far. The 66-year-old isn’t retiring outright, but instead retiring to the boardroom, where he’ll take over… Continue reading Toyota’s surprise executive shakeup may disappoint investors
Elon Musk is being investigated by the SEC for Tesla self-driving claims, report says
Tesla CEO Elon Musk is facing scrutiny by the U.S. Securities and Exchange Commission (SEC) regarding his specific comments and efforts to promote the automaker’s claims regarding its “self-driving” capabilities, Bloomberg reports. The SEC investigation into Musk is part of its overall efforts to determine whether Tesla has run afoul of its rules in promoting… Continue reading Elon Musk is being investigated by the SEC for Tesla self-driving claims, report says
Uber Eats now shows you how much of your information is shared with delivery people
Uber Eats is introducing a new feature that shows users how much of their personal information is shared with their delivery person when they place an order on the app. The feature, which is called “View as Delivery Person,” is designed to add a level of transparency when ordering food via the app. The feature… Continue reading Uber Eats now shows you how much of your information is shared with delivery people
Finn brings B2B car subscriptions to US
Finn, the Munich-based car subscription startup, is expanding beyond individual consumer rentals in the U.S. and into long-term business rentals. Car subscriptions offer flexibility, maintenance, roadside assistance and, in many cases, delivery of the vehicle directly to your door, and all for around the same price of a lease. For the consumer, that sounds great.… Continue reading Finn brings B2B car subscriptions to US
Tier Mobility and Spin lay off 100 more employees
Around a year ago, Tier Mobility was winning the shared micromobility game. Fueled by its $200 million Series D fundraise in October 2021, the company went on to acquire three other micromobility operators and a computer vision startup, giving it access to e-bikes — a reach that extended beyond Europe and into the U.S. —… Continue reading Tier Mobility and Spin lay off 100 more employees
Tesla reports $24.3B revenue in the fourth quarter, beating Street estimates
Tesla just beat Wall Street revenue estimates for the fourth quarter of 2022. The company closed out Q4 with $24.3 billion in revenue, a 37% increase from the same quarter last year and a 13% bump quarter-over-quarter. Analysts had expected the company to earn around $24.2 billion, according to Yahoo Finance data. The electric vehicle… Continue reading Tesla reports $24.3B revenue in the fourth quarter, beating Street estimates
Tesla’s energy storage arm caps 2022 with ‘highest level’ of deployments ever
The growth keeps coming for Tesla’s energy storage business. On Wednesday, the automaker said its home and utility-scale battery deployments reached 6.5 gigawatt hours (GWh) during its fiscal 2022, calling it “by far the highest level of deployments we have achieved.” That’s up from about 4 GWh in 2021. For context, the average American home… Continue reading Tesla’s energy storage arm caps 2022 with ‘highest level’ of deployments ever
Madrid selects Dott, Lime and Tier for scooter licenses
Madrid has renewed the operating licenses for scooter-sharing services in the city. The city council has chosen three operators for the next three years — Dott, Lime and Tier. This trio of companies will sound familiar as these companies also won tender processes in several European cities in recent years. Madrid even says that it… Continue reading Madrid selects Dott, Lime and Tier for scooter licenses
India’s gig economy drivers face bust in the country’s digital boom
Suneeta Kohli, a female Uber driver in New Delhi, had her account suddenly disabled one evening while she was en route to pick up a rider in a southern part of the capital city. “I was reaching the destination, but it took some time due to heavy traffic. The ride eventually got canceled. But after… Continue reading India’s gig economy drivers face bust in the country’s digital boom