Lucid Motors slashes 12% of its workforce as it seeks profitability
The layoffs affect hundreds of full-time workers in the US, according to an internal memo obtained by TechCrunch.
Transportation
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Tesla’s cheaper $60,000 Cybertruck is still a Cybertruck
Tesla has announced a new all-wheel drive Cybertruck that starts at $59,990, the cheapest the controversial truck has been sold for yet – though still well above the $40,000 price tag Elon Musk had initially promised. It’s been joined by a $15,000 price cut for the high-end Cyberbeast variant, as Tesla doubles down on its […]
An AI data center boom is fueling Redwood’s energy storage business
Redwood Materials says its new energy storage business is the fastest growing unit within the company.
New York drops plan to legalize robotaxis in setback for Waymo
New York Governor Kathy Hochul (D) dropped her proposal to allow robotaxi companies to launch commercially in cities other than New York City, citing a lack of support among state legislators, Bloomberg reports today. The move is a blow to Waymo and other robotaxi companies who saw New York, and especially New York City, as […]
New York hits the brakes on robotaxi expansion plan
The governor of New York pulled a robotaxi expansion proposal that was viewed as a win for Waymo.
Rivian owners will soon be able to access vehicle controls using their Apple Watch
Rivian is launching a companion app that pairs with Apple Watch in the coming week.
This former Big Tech engineers are using AI to navigate Trump’s trade chaos
Amari AI is making custom AI-powered software that helps customs brokers modernize and minimize constantly shifting trade policies.
Polestar aims to shake off EV doldrums with 4 new models in 3 years
Polestar says it will release four new electric models over the next three years, including a new SUV and a revamped version of its Polestar 2 sedan. The Swedish automaker, which is owned by China’s Geely, said it will start delivering its Polestar 5 grand tourer to customers this summer, followed by a new long-roof […]
Waymo denies using remote drivers after Senate testimony goes viral
Waymo defended its use of remote assistants for its robotaxis after the testimony of one of its top executives during a Senate hearing went viral. In a letter to Sen. Ed Markey (D-MA) on Tuesday, Waymo’s head of global operations Ryan McNamara provided a detailed description of the company’s remote assistance operations, including the number […]