Tag: Tesla

China’s power reforms, global data centre buildout usher in battery boom

China’s energy storage manufacturers are experiencing a boom, driven by a revamp of its electricity market and surging global demand. A revamp of China’s electricity market is boosting the economics of storing power just as international demand surges, sparking a boom for the Chinese energy storage manufacturers that ‍already dominate globally. Chinese firms are on… Continue reading China’s power reforms, global data centre buildout usher in battery boom

Waymo seeks massive $15 billion raise at $100 billion valuation to fuel robotaxi expansion

Waymo is reportedly looking to raise a massive new round of funding that would value the autonomous driving company at over $100 billion as it accelerates its expansion. Since Alphabet spun out its self-driving car project into Waymo back in 2016, the company has been seen as the leader in the space, at least when… Continue reading Waymo seeks massive $15 billion raise at $100 billion valuation to fuel robotaxi expansion

TechCrunch Mobility: Bankruptcy takes out two

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! The year in transportation started with a couple of bankruptcies — Canoo and Nikola — and now it’s ending with two more. Rad Power Bikes is coming… Continue reading TechCrunch Mobility: Bankruptcy takes out two

GM considers former Tesla Autopilot head Sterling Anderson as next CEO, report says

Cadillac Escalade IQL interior (Source: GM) GM CEO Mary Barra is reportedly considering Sterling Anderson, the former head of Tesla Autopilot and co-founder of Aurora, as her potential successor. But first, she is putting him through a “tough test” in his new role as Chief Product Officer. We reported back in May that GM hired… Continue reading GM considers former Tesla Autopilot head Sterling Anderson as next CEO, report says

Waymo pauses robotaxi service in San Francisco after blackout chaos — Musk says Tesla car service unaffected

Alphabet-owned Waymo has suspended its driverless ride-hail service in the San Francisco Bay Area after blackouts plagued the city Saturday afternoon. “We have temporarily suspended our ride-hailing services in the San Francisco Bay Area due to the widespread power outage,” a Waymo spokesperson tells CNBC. “Our teams are working diligently and in close coordination with… Continue reading Waymo pauses robotaxi service in San Francisco after blackout chaos — Musk says Tesla car service unaffected

German Manager Magazine: Elon Musk: Tesla boss’s fortune grows to $749 billion004612

Tesla-Boss Elon Musk (54), according to calculations by Forbes magazine, after a court decision in the USA a net worth of around 749 billion dollars (the equivalent of around 640 billion euros). This is from what was published online Magazine’s Billionaires List  that Musk is currently leading. Musk recently found himself in one years-long legal… Continue reading German Manager Magazine: Elon Musk: Tesla boss’s fortune grows to $749 billion004612

Elon Says His New Rocket Is as Important as the Origin of Life Itself

Illustration by Tag Hartman-Simkins / Futurism. Source: Paul Harris / Getty Images Multibillionaire Elon Musk has never exactly been humble about his corporate empire, but his latest comments are genuinely over the top. Speaking to influencer Katie Miller — wife of Donald Trump’s controversial deputy chief of staff — on a painfully awkward podcast appearance,… Continue reading Elon Says His New Rocket Is as Important as the Origin of Life Itself