Seattle-based Rad Power has gone through multiple rounds of layoffs over the last few years coming out of the pandemic. However, the company is “still fighting to find ways to continue” according to an email viewed by TechCrunch.
Vay, a German startup offering remote-controlled rental cars, will get an investment of up to $410M from Singaporean super-app company Grab.
Tesla is now in the business of short-term car rentals, as the company tries to mitigate falling sales in the US following the expiry of federal tax credits for electric vehicles. Rentals are currently being offered in two California Tesla stores in San Diego and Costa Mesa, with plans to expand to more locations by […]
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The company canceled a similar-sized award from 2021, when EV optimism was sky-high, due to the “unlikeliness” that the associated goals could be met.
The most striking moment of Tesla’s annual shareholder meeting Thursday wasn’t when Elon Musk won a impossible-sounding pay package worth nearly $1 trillion. That was a foregone conclusion, given Musk’s popularity with retail shareholders and his ability to vote his own extensive holdings. To me, the more illuminating moment was when the gathered crowd of […]
Since the launch of its Polestar 2 sedan in 2021, Swedish EV company Polestar has launched two additional models: the spacious 3 compact crossover SUV, and now the 4, a sporty, even more compact crossover SUV. The 4 slotting in between the 2 and 3 in size may confound some consumers, but one of its […]
Musk said he picked the date so he “could say I was just kidding” if it changes again. He had spent months teasing a reveal by the end of this year.
Elon Musk said he expects Tesla to be able to put all the Cybercabs it builds on the road, and thanked Waymo for “paving the path.”
TVS Motor booked a 152% return as it sold its Rapido stake to Accel and Prosus.