Sixteen years ago, engineers working on the Google self-driving project conducted their first autonomous vehicle tests on the freeway that connects Silicon Valley to San Francisco. The company would eventually become Waymo, autonomous vehicle testing would expand — fanning out to other cities. Eventually, the company launched commercial robotaxi services in Phoenix, San Francisco, and… Continue reading Waymo robotaxis are now giving rides on freeways in LA, San Francisco, and Phoenix
Author: Tech Crunch Online News
Teradar raises $150M for a sensor it says beats lidar and radar
Matt Carey, the co-founder and CEO of Boston-based startup Teradar loves when people tell him: “I don’t believe you.” That’s “right where we want folks,” he recently told TechCrunch. Carey has spent the last few years quietly building a solid-state sensor that sees the world using the terahertz band of the electromagnetic spectrum, which sits… Continue reading Teradar raises $150M for a sensor it says beats lidar and radar
Remote driving startup Vay could grab up to $410M from Singapore’s Grab
Autonomous vehicles are having a moment, and it’s making it a lot easier for smaller companies to raise money. Vay, a German startup offering remote-controlled rental cars, will get $60 million in cash from Singaporean tech heavyweight Grab, the company announced on Monday. The deal, which is subject to regulatory approval and expected to close… Continue reading Remote driving startup Vay could grab up to $410M from Singapore’s Grab
TechCrunch Mobility: Elon Musk’s threats worked
Welcome back to TechCrunch Mobility, your hub for all things “future of transportation.” To get this in your inbox, sign up here for free — just click TechCrunch Mobility! Did you hear? Elon Musk got his $1 trillion pay package. Of course you did, because coverage of that highly anticipated vote is everywhere, including here at… Continue reading TechCrunch Mobility: Elon Musk’s threats worked
Rivian gives RJ Scaringe a new pay package worth up to $5B
Rivian has given its founder and CEO RJ Scaringe a new performance-based stock award that could ultimately be worth around $5 billion if all the underlying goals are met, according to a new filing. Scaringe’s salary is also being doubled to $2 million per year, and he was given a 10% stake in Rivian’s newest… Continue reading Rivian gives RJ Scaringe a new pay package worth up to $5B
Tesla delays reveal of production Roadster 2 to April Fools’ Day
Tesla CEO Elon Musk said Thursday the company will reveal the production version of its second-generation Roadster supercar on April 1, 2026 — nearly nine years after he first revealed the project. Musk, who is famous for missing deadlines, said during Tesla’s annual shareholder meeting that he chose April Fools’ Day in part because it… Continue reading Tesla delays reveal of production Roadster 2 to April Fools’ Day
Tesla to begin Cybercab production in April, Musk claims
Tesla will begin producing the Cybercab, an autonomous electric vehicle with no pedals or steering wheel, this April at its factory in Austin, Texas, CEO Elon Musk said during the company’s shareholder meeting Thursday. His comments on Cybercab came just moments after shareholders overwhelmingly approved a compensation package for Musk that could be worth as… Continue reading Tesla to begin Cybercab production in April, Musk claims
Accel backs Uber rival Rapido as Prosus boosts stake
Accel has invested in Rapido, the ride-hailing platform competing with Uber in India, while Prosus has increased its stake, after Indian two-wheeler giant TVS Motor sold its entire holding. On Thursday, TVS Motor said in a stock exchange filing (PDF) that it has sold its entire stake in Rapido for ₹2.88 billion (about $32 million)… Continue reading Accel backs Uber rival Rapido as Prosus boosts stake
Tesla shareholders approve Elon Musk’s $1T pay package
Tesla shareholders have overwhelmingly approved a compensation package for CEO Elon Musk that could be worth as much as $1 trillion in company shares. More than 75% of shareholders who participated voted to approve the plan, in line with the amount of support Musk has received for past pay packages. As the result was announced,… Continue reading Tesla shareholders approve Elon Musk’s $1T pay package
Ford execs reportedly discuss ending the F-150 Lightning
Executives at Ford are considering killing its flagship electric pickup truck, the F-150 Lightning, according to The Wall Street Journal. The discussions are happening in the wake of Ford’s late October decision to idle F-150 Lightning production while it prioritizes hybrid and gas-engine versions of the popular pickup. The company’s been dealing with production troubles… Continue reading Ford execs reportedly discuss ending the F-150 Lightning