Tag: Tesla

Tesla acquires trucking companies to squeeze in more deliveries before Dec. 31

Tesla CEO Elon Musk tweeted Thursday that the electric automaker had acquired “trucking capacity,” a move aimed to boost deliveries of its Model 3 vehicles before the federal tax credit begins to wind down Dec. 31. Musk at first didn’t explain what “acquired trucking capacity” meant. The company hasn’t posted

Tesla, GM and Nissan are all part of a new coalition aiming to extend the EV tax credit

Tesla, GM and Nissan are among a group of 15 companies that launched a new coalition aimed at reforming the electric vehicle tax credit. The group called EV Drive Coalition brings together a mix of automakers, industry giant ABB, climate change and energy lobbying organizations and EV infrastructure companies, including

In venture capital, it’s still the age of the unicorn

Howie Xu Contributor Share on Twitter Howie Xu is the vice president of artificial intelligence and machine learning at Zscaler. He previously co-founded TrustPath and served as an entrepreneur in residence at Greylock. This month marks the 5-year anniversary of Aileen Lee’s landmark article, “Welcome To The Unicorn Club”. At

Virgin Hyperloop One has a new CEO and board chairman

High-speed futuristic transportation company Virgin Hyperloop One is changing up its leadership. CEO Rob Lloyd has left after three years at the helm and Jay Walder, who ran bike-sharing operator Motivate, is now heading up Virgin Hyperloop One, the company said Thursday. Sir Richard Branson, who stepped down as chairman

Tesla picks telco executive Robyn Denholm to replace Elon Musk as chairman

Elon Musk’s replacement as the chair of Tesla has been named and it is Robyn Denholm, an Australian executive who has been a director with the electric vehicle firm since 2014. Denholm is currently CFO of Australia-based telco Telstra and she’ll step into the breach once a six-month notice period

The cost of energy storage has stalled adoption of renewable power. Energy Vault has a solution.

Since solar and wind power are now cheaper to produce than energy from fossil fuels, the only obstacle that remains to the mass adoption of renewable power is the amount of money utilities need to spend to store the energy those systems produce. Right now, storing 100 megawatts of renewable energy

Elon Musk says Tesla won’t make e-scooters, but might consider electric bikes

Tesla won’t be joining the scooter wars. But electric bikes? Yeah, maybe. During a lengthy podcast with Recode’s Kara Swisher, Tesla CEO Elon Musk talked about everything from AI and his fights on Twitter with journalists to Saudi Arabia and Mars. Even scooters. Of course, scooters. But don’t get your

Tesla subpoenaed by SEC over Model 3 production forecasts

Tesla said Friday in a regulatory filing that the U.S. Securities and Exchange Commission and Department of Justice are investigating projections made last year about Model 3 production rates. The SEC has issued subpoenas for information related to Model 3 production estimates. The DOJ, which is running a separate investigation

China’s NIO invests in LiDAR startup Innovusion

Innovusion, a two-year-old startup developing LiDAR sensor technology for autonomous vehicles, has raised $30 million in a Series A funding round co-led by Chinese firms Nio Capital and Eight Roads Ventures along with U.S.-based F-Prime Capital. Other seed round and strategic investors joined the round, the startup said. Nio Capital