In the race for the market for driverless robotaxis, the Google-Sister company Waymo their coffers for global expansion. Waymo raised $16 billion (around 13.5 billion euros) from investors in a financing round. The company was valued at a total of $126 billion, according to a statement. Waymo’s robotaxis now make more than 400,000 paid rides… Continue reading German Manager Magazine: Google: Waymo raises $16 billion. Valuation rises to $126 billion004686
Tag: Tesla
German Manager Magazine: Elon Musk: SpaceX takes over AI start-up xAI004685
Tech billionaire Elon Musk (54) owns the space company SpaceX and its AI developer xAI merged. The US entrepreneur is merging his rocket and satellite company with the developer of the chatbot Grok, as SpaceX announced on Monday. Sharing computing power, data and engineering knowledge will both accelerate AI development and support longer-term ambitions such… Continue reading German Manager Magazine: Elon Musk: SpaceX takes over AI start-up xAI004685
Gigafactory: Tesla already missed production targets in Grünheide in 2024
Tesla’s Gigafactory in Grünheide has poor capacity utilization: Even before the current sales problems, the car manufacturer had already missed production targets. (Gigafactory Berlin, Electric car) Go to Source
China bans Tesla-style hidden car door handles
Premium Digital Complete coverage $75 per month Complete digital access with exclusive insights and industry deep dives on any device. Global news & analysis Expert opinion FT App on Android & iOS FT Edit: Access on iOS and web FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics & set alerts with myFT FT… Continue reading China bans Tesla-style hidden car door handles
California’s $200 mn EV incentive program to require matching funds from automakers
California’s proposed $200 million electric vehicle incentive program will be limited to first-time buyers and require participating manufacturers to contribute matching incentives, the administration of California Governor Gavin Newsom said on Monday. The proposal would allow incentives to defray the upfront purchase costs for new or used EVs but the incentive amounts have not yet… Continue reading California’s $200 mn EV incentive program to require matching funds from automakers
The Toyota C-HR is not the $30,000 EV we had hoped for, but this one might be
The 2026 C-HR was expected to be the $30,000 EV everyone was waiting for from Toyota. Although it’s a bit more expensive than anticipated, Toyota does offer an EV starting around that price. Does Toyota offer an EV for $30,000? Toyota is bringing the C-HR back as an EV this year. Since the now-retired gas-powered… Continue reading The Toyota C-HR is not the $30,000 EV we had hoped for, but this one might be
Elon is in the files, Tesla sales are down, and Ford is NOT working with Xiaomi
Source: Xiaomi Auto/Weibo On today’s island-hopping episode of Quick Charge, we have to talk about Elon Musk’s cringey appearance in the Epstein files amid Tesla’s rapid sales decline in Europe, as well as the ultra-fast Xiaomi SU7 Ultra and its own rapid sales decline. We’ve also got a look at the Tesla Robotaxi service and… Continue reading Elon is in the files, Tesla sales are down, and Ford is NOT working with Xiaomi
Elon Musk Not Doing Well After Epstein Files Reveal
Illustration by Tag Hartman-Simkins / Futurism. Source: Harun Ozalp / Anadolu via Getty Images Elon Musk hasn’t been handling the latest batch of Epstein files well. After the newly released emails from the Department of Justice revealed that Musk communicated extensively with the deceased sex criminal, the world’s richest man made a bizarre series of… Continue reading Elon Musk Not Doing Well After Epstein Files Reveal
Alarm Grows as Social Network Entirely for AI Starts Plotting Against Humans
Illustration by Tag Hartman-Simkins / Futurism. Source: Getty Images Someone finally invented a social media site that isn’t terrible for our brains. Unfortunately that’s because it’s populated exclusively by AI agents, with no humans allowed. Called Moltbook, the eye-catching experiment has taken AI circles by storm, as the millions of bots on the Reddit-style site… Continue reading Alarm Grows as Social Network Entirely for AI Starts Plotting Against Humans
Tesla Stock Took a Beating After Elon Musk’s Epstein Island Revelations
Harun Ozalp/Anadolu via Getty Images The Department of Justice released millions of files from its investigation into deceased sex criminal Jeffrey Epstein last week, a major document dump that included plenty of back-and-forth between the disgraced financier and Tesla CEO Elon Musk. The exchanges, which took place years after Epstein was convicted of sex crimes… Continue reading Tesla Stock Took a Beating After Elon Musk’s Epstein Island Revelations