Elon Musk teases two new EVs, says Tesla is already building one

Tesla CEO Elon Musk teased two new electric vehicles Tuesday at the automaker’s 2023 annual shareholder’s meeting. The billionaire executive even claimed that Tesla is already in the process of building a new product. “I just want to emphasize that we are actually building a new product,” said Musk. “We are actually designing a new… Continue reading Elon Musk teases two new EVs, says Tesla is already building one

Elon Musk says Tesla will ‘try a little advertising’

Tesla, a company that has long eschewed conventional advertising, is going to “try” out the scheme, CEO Elon Musk said Tuesday during the automaker’s 2023 annual meeting of shareholders. Tesla doesn’t pay for traditional advertising like other automakers. And it hasn’t really needed to. The company has become incredibly popular through other methods of marketing, like… Continue reading Elon Musk says Tesla will ‘try a little advertising’

Tesla shareholders elect former CTO, co-founder JB Straubel to board

JB Straubel is officially back at Tesla — this time as a board member. The former Tesla CTO and co-founder was elected by shareholders Tuesday as an independent board of director. A crowd of Tesla shareholders, who were at the company’s Gigafactory Texas in Austin for the event, cheered when the initial results were read… Continue reading Tesla shareholders elect former CTO, co-founder JB Straubel to board

Self-driving cars are taking ages to become a reality, but they won’t take forever

The spotlight of hype has lit up many areas since autonomous driving had its own time in the sun, but progress in the technology is chugging along. It’s clear that the dream of not having to drive ourselves around is not dead, given the rising tallies of miles driven by bots, greater commercialization, and other… Continue reading Self-driving cars are taking ages to become a reality, but they won’t take forever

This European startup is installing 50 traffic-counting sensors across San Francisco

Belgian startup Telraam designed a device that lets anyone point out of a window a camera-like device that uses on-board tech to count the number of road users. It is currently installing a network of 50 or so devices in San Francisco, a project the company says is largely funded by Yelp CEO Jeremy Stoppelman,… Continue reading This European startup is installing 50 traffic-counting sensors across San Francisco

Tesla’s annual shareholder meeting: How to watch and what to expect

Tesla CEO Elon Musk is expected to take the stage Tuesday afternoon for the company’s annual shareholder meeting, just days after announcing that he had chosen NBCU leader Linda Yaccarino as the next CEO of Twitter — another company that he owns. Tesla shareholders previously raised concerns that Musk’s ownership of Twitter, which became official… Continue reading Tesla’s annual shareholder meeting: How to watch and what to expect

TuSimple gets temporary reprieve from Nasdaq delisting

Autonomous trucking company TuSimple’s stock shot up 28% Monday after the company narrowly dodged a delisting from the Nasdaq stock exchange. TuSimple’s stock closed at $1.06 per share. TuSimple reported last week that it received a delisting notice from the Nasdaq for failing to file its quarterly report on time. The stock exchange was meant… Continue reading TuSimple gets temporary reprieve from Nasdaq delisting

Chief Twit Elon Musk loses appeal to be able to tweet about Tesla unchecked

Elon Musk lost another bid to end a 2018 settlement with the U.S. Securities and Exchange Commission that requires oversight of some of his Tesla-related tweets. The 2nd U.S. Circuit Court of Appeals in Manhattan rejected Musk’s argument that the consent decree reached in 2018 is a “prior restraint” on his speech. Musk, who is… Continue reading Chief Twit Elon Musk loses appeal to be able to tweet about Tesla unchecked

Cold-chain startup Figorr raises $1.5M, backs the roll out of data-driven perishables insurance

Oghenetega Iortim built Nigerian-based cold chain startup Figorr after imagining better means of storage and transportation of temperature-sensitive products, following the post-harvest losses from his fresh agro-produce venture. Figorr (previously Gricd) runs IoT-powered solutions that provide businesses, especially those in healthcare and agriculture, with key data such as location, humidity, and temperature of highly-perishable products,… Continue reading Cold-chain startup Figorr raises $1.5M, backs the roll out of data-driven perishables insurance

Software snafus abound, Nuro makes more cuts and VinFast takes the SPAC road

Welcome back to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. Automakers have been struggling with software development for years now. But the stakes are higher than ever because all of these companies keep touting the coming of the “software-defined”… Continue reading Software snafus abound, Nuro makes more cuts and VinFast takes the SPAC road