Porsche shutters e-bike, battery, software subsidiaries as part of company overhaul
More than 500 people will be affected by the closures.
Transportation
Uber partner Avride is under investigation for self-driving crashes
The National Highway Traffic Safety Administration has opened an investigation into Avride after identifying more than a dozen crashes and one minor injury.
Tesla is recalling its cheaper Cybertruck because the wheels might fall off
Tesla is recalling its RWD Cybertruck Long Range over faulty brake rotors that could cause the wheels to fall off, as spotted earlier by MotorTrend. In a notice on the National Highway Traffic Safety Administration’s website, Tesla says “brake rotor stud holes may crack and allow the stud to separate from the wheel hub.” The […]
Lime, the Uber-backed micromobility company, files for IPO
After years of hints and preparation, Lime plans to enter the public markets.
Kodiak AI raises $100M at a steep discount, sending its stock tumbling 37%
The company made a series of other announcements during earnings, including a new commercial contract, a pilot program in Canada, and a collaboratio
Tesla Model Y is first car to meet new U.S. driver assistance safety benchmark
The new benchmark rating applies to 2026 Tesla Model Y vehicles assembled on or after November 12, 2025.
Jeff Bezos rep leaves Slate Auto’s board
Melinda Lewison’s departure raises questions about Bezos’ support and involvement with the startup at a time when the Amazon founder is now apparently focused on robotics at his new startup, Project Prometheus.
BMW iX3 has a lower starting price than comparable gas-powered X3
The 2027 BMW iX3 is now available in the US, and its starting price my surprise and delight fans of the Bavarian automaker. The iX3, which is the first vehicle built on BMW’s next-gen Neue Klasse platform, starts at $62,850 including shipping, which is about $5,000 less than the equivalent gas-powered BMW X3 M50 xDrive […]
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Aurora lands McLane deal to run driverless truck routes in Texas
Aurora said it plans to expand to new routes between McLane distribution centers across the U.S. Sun Belt by the end of 2026.