Tesla held its annual shareholder meeting, which the company now refers to as its Cyber Roundup, Thursday at the Tesla Gigafactory Texas. The Cyber Roundup comes just a couple of weeks after Tesla reported its Q2 earnings, which showed quarterly revenue declines caused by production challenges, even as the company grew year-over-year. The agenda had 13 shareholder… Continue reading The 5 biggest takeaways from Tesla’s Cyber Roundup
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How to watch and what to expect at the Tesla ‘Cyber Roundup’ annual meeting
Tesla will kick off Thursday afternoon its annual meeting — rebranded Cyber Roundup — from its Austin headquarters, an event that promises to deliver customary pomp and pageantry, thumping beats and some newsworthy comments from its CEO Elon Musk. There are 13 shareholder proposals on the agenda, including one for a 3-for-1 stock split. That… Continue reading How to watch and what to expect at the Tesla ‘Cyber Roundup’ annual meeting
VW will roll out a cheaper 2023 ID. 4 EV this fall
Volkswagen will offer a cheaper version of its ID.4 all-electric compact SUV that comes equipped with a smaller battery pack, a move aimed at attracting customers as inflationary pressures push vehicle prices higher. Volkswagen of America said Thursday it will sell three trims of the 2023 ID.4, including a base model with a smaller 62… Continue reading VW will roll out a cheaper 2023 ID. 4 EV this fall
European EV rental startup UFODrive launches in San Francisco
UFODrive, a Europe-based electric vehicle rental company, landed in San Francisco on Thursday, marking the startup’s expansion into the U.S. The startup, which gives users an easy and contact-free way of renting and subscribing to EVs, comes to California at a time when gas prices are still incredibly high, at $5.56. While that number has… Continue reading European EV rental startup UFODrive launches in San Francisco
Lyft rides post-COVID recovery to record earnings, but faces inflationary headwinds
Ride-hail giant Lyft reported strong second-quarter earnings Thursday. Earlier this year, investors had been skeptical of Lyft’s ability to offset the costs of increased investments to attract and retain drivers. However, Lyft was able to take advantage of severe internal cost-cutting measures combined with a post-COVID boom in travel to help it deliver its highest… Continue reading Lyft rides post-COVID recovery to record earnings, but faces inflationary headwinds
The road map for building the Uber of climate tech
The world needs a company willing to force governments to take action on climate change. So far, climate tech has been the polite corner of the startup world. All pleases and thank yous, triple bottom lines and shared upsides, plenty of virtue and virtue signaling. That’s great and all. Saving the world from probable calamity… Continue reading The road map for building the Uber of climate tech
Fisker Q2 report: Over 56k Ocean reservations, test cars, plus PEAR and Project Ronin updates
We have officially passed the halfway marker for the 2022 fiscal year, and those quarterly reports are starting to roll in. Fisker’s Q2 update came this morning, showcasing a decent appetite for its flagship Ocean SUV, alongside some updates to the progress of the next two Fisker models to follow. Despite a public magnified glass… Continue reading Fisker Q2 report: Over 56k Ocean reservations, test cars, plus PEAR and Project Ronin updates
Watch Tesla (TSLA) Cyber Roundup annual shareholder’s meeting and follow the news
Tesla (TSLA) is holding its annual shareholder’s meeting, which is now called Cyber Roundup, and you can watch it below while following all the most important news coming out of the event. It starts today at 4:30 PM Central Time at Tesla Gigafactory Texas. Like every company, Tesla has to hold an annual shareholder’s meeting… Continue reading Watch Tesla (TSLA) Cyber Roundup annual shareholder’s meeting and follow the news
Tesla (TSLA) is about to earn its ‘blue chip’ status and climb out of the ‘junk bond’ dumpster
Tesla (TSLA) is expected to be about to finally get rid of its “junk bond” rating and become a “blue chip” – something somewhat overdue for the sixth most valuable company in the world. Despite delivering profits for more than two years straight and building a cash position of over $18 billion while sitting on… Continue reading Tesla (TSLA) is about to earn its ‘blue chip’ status and climb out of the ‘junk bond’ dumpster
Argo AI assembles panel of outside experts to oversee safety of its autonomous vehicles
As autonomous vehicle testing ramps up, Argo AI announced the formation of a panel of outside experts to oversee the safe deployment of its technology. The startup, which is backed by Ford and Volkswagen, will “provide feedback on Argo’s safety and security practices and policies, including maintaining a world-class safety culture, scaling safely across multiple… Continue reading Argo AI assembles panel of outside experts to oversee safety of its autonomous vehicles