Tag: Mobility

Stop Uber From Flooding New York

On Tuesday evening, the New York City Council introduced a bill to place a temporary cap on the number of for-hire vehicles — the kind provided by services like Uber and Lyft — allowed on the city’s streets. It’s about time: In recent years these cars have flooded New York, clogging our streets and driving… Continue reading Stop Uber From Flooding New York

Actually, Curbing Uber Won’t Relieve Heavy Traffic

Are ride-sharing and -hailing services like Uber and Lyft causing road congestion? This has been the perception in cities across the country, and the companies have come under fire for it. In New York City, it has led to a proposal to curb, for a year, for-hire-vehicle companies from adding new driver’s licenses (except for… Continue reading Actually, Curbing Uber Won’t Relieve Heavy Traffic

Elon Musk backs off Tesla’s goal of making 1 million vehicles by 2020 (TSLA)

Tesla’s CEO, Elon Musk, and CTO, JB Straubel, suggested the company may not hit its goal of making 1 million vehicles by 2020 during its second-quarter earnings call on Wednesday. After Wall Street Journal reporter Tim Higgins asked if the company still planned to make 1 million vehicles in 2020, Musk and Straubel said that… Continue reading Elon Musk backs off Tesla’s goal of making 1 million vehicles by 2020 (TSLA)

BMW beats second-quarter forecasts as new anti pollution rules dent rivals

FRANKFURT (Reuters) – BMW (BMWG.DE) reported a smaller-than-expected 6 percent decline in second quarter operating profit on Thursday while brushing off concerns about new anti-pollution rules and global trade tensions which caused rival Daimler (DAIGn.DE) to warn on profits. FILE PHOTO: The logo of German car manufacturer BMW is seen on the bonnet of a… Continue reading BMW beats second-quarter forecasts as new anti pollution rules dent rivals

Tesla shares surge as upbeat Musk sees profitable second half

Tesla is now aiming for a 6,000 vehicle per week rate, which it hopes to achieve by the end of August. By year-end it hopes to ramp up to a rate of 10,000 per week. Musk said the company is still aiming to produce 1 million cars per year by 2020, but that a number… Continue reading Tesla shares surge as upbeat Musk sees profitable second
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Tesla’s autonomous ‘coast-to-coast’ drive on hold while Autopilot team focuses on safety

Tesla’s autonomous coast-to-coast drive, originally promised in 2016, is on hold while the company’s Autopilot team stays “heads down” on improving the driver assist system’s safety features, Elon Musk said in a call with investors Wednesday. Musk also teased a new software update to Autopilot — version 9.0 — coming in September that he said… Continue reading Tesla’s autonomous ‘coast-to-coast’ drive on hold while Autopilot team focuses on safety

Elon Musk said ‘breakthrough’ Autopilot features to arrive soon (TSLA)

Tesla CEO Elon Musk said the company will start rolling out “breakthrough” features to its semi-autonomous Autopilot software in around four weeks during the company’s second-quarter earnings call on Wednesday. Musk said some customers would begin receiving the update in around four weeks and all Tesla customers who purchased Autopilot would receive the update in… Continue reading Elon Musk said ‘breakthrough’ Autopilot features to arrive soon (TSLA)

Tesla says these are the 5 cars people are trading in for the Model 3 (TSLA)

Tesla revealed the cars people are giving up in favor of its Model 3 sedan on Wednesday during the company’s second quarter 2018 earnings call. According to Tesla, the most commonly traded in models include the Honda Accord, Honda Civic, Toyota Prius, Nissan Leaf, and BMW 3 Series. Even though Tesla sees the Model 3… Continue reading Tesla says these are the 5 cars people are trading in for the Model 3 (TSLA)

Rideshare companies offered New York $100M to drop proposed regulations

Lyft, Uber and Via yesterday made an offer to succor New York City’s beleaguered taxi medallion owners: a $100 million relief fund paid over five years to cover the plight of these poor souls. But the city, in its arrogance, refused this generosity! How could they? Perhaps because the money was contingent on New York… Continue reading Rideshare companies offered New York $100M to drop proposed regulations