Jagmeet Singh 2023-09-13 09:44:50 techcrunch.com Tesla is planning to nearly double its component sourcing from India to up to $1.9 billion this year, the nation’s trade minister has said, underscoring the growth of electric-vehicle component manufacturing …
Cybertruck spied with updated interior
Harri Weber 2023-09-08 17:37:44 techcrunch.com The summer of 2023 is almost over and still we don’t have a Cybertruck. But thanks to an apparent serendipitous visit to a regular ol’ parking lot in San Francisco, there are …
Tesla decreases the price of FSD beta to $12,000
Harri Weber 2023-09-01 15:56:08 techcrunch.com Tesla just chopped $3,000 off the price of its “full self-driving” beta software. The 20% cut brings the cost of FSD down to $12,000 in North America. That’s precisely what Tesla …
Tesla packs higher-end Model S and X features into Model 3 refresh
Harri Weber 2023-09-01 14:21:38 techcrunch.com Tesla (or at least Tesla Europe) is finally ready to talk about its long-awaited, mid-cycle Model 3 refresh. The revamped vehicle will ship with several features that were previously exclusive to …
Feds investigate Tesla’s use of funds for secret ‘glass house’ project
Rebecca Bellan 2023-08-30 21:02:50 techcrunch.com Manhattan federal prosecutors and the Securities and Exchange Commission are separately investigating the use of Tesla funds to bankroll a secret project that is described internally as a glass house for …
Tesla investors might get payout from SEC settlement
Rebecca Bellan 2023-08-25 13:20:55 techcrunch.com Tesla shareholders who claimed to face financial losses after CEO Elon Musk tweeted about taking the company private might be on the verge of receiving compensation from a $42.3 million fund …
Tesla rival Xpeng’s head of autonomous driving quits, rumored to join Nvidia
Rita Liao 2023-08-03 01:58:39 techcrunch.com Xpeng, a prominent Chinese electric vehicle maker and a competitor to Tesla, has announced the resignation of its vice president of autonomous driving, Xinzhou Wu, over personal and family reasons. Wu, …
Tesla CFO, ‘Master of Coin’ Zachary Kirkhorn steps down
Rebecca Bellan 2023-08-07 09:43:38 techcrunch.com Zachary Kirkhorn, Tesla’s chief financial officer and so-called ‘Master of Coin‘ stepped down August 4 after 13 years working with the electric vehicle maker, according to a regulatory filing. Vaibhav Taneja, …
The first Tesla ‘range inflation’ lawsuit has been filed
Kirsten Korosec 2023-08-03 12:59:22 techcrunch.com Several Tesla owners have filed a lawsuit against the U.S. automaker over allegations of consumer fraud a week after a Reuters investigation found the company had exaggerated the range estimates of …
Xpeng’s head of autonomous driving quits, rumored to join Nvidia
Rita Liao 2023-08-03 01:58:39 techcrunch.com Xpeng, a prominent Chinese electric vehicle maker and a competitor to Tesla, has announced the resignation of its vice president of autonomous driving, Xinzhou Wu, over personal and family reasons. Wu, …
NHTSA probes 280,000 new Teslas over loss of steering control
Rebecca Bellan 2023-08-01 13:36:45 techcrunch.com The National Highway Traffic Safety Administration (NHTSA) is investigating 280,000 Tesla vehicles over reports of loss of steering control and power steering. The malfunctioning has frequently been accompanied by driver-facing messages …
Will automakers be able to challenge Tesla’s Supercharger?
Tim De Chant 2023-07-30 12:00:43 techcrunch.com Automakers appear to have had an awakening last week: Electric vehicles are the future, and if they want to continue selling cars, they have to think beyond the car. I’m …
Tesla has a range inflation problem
Kirsten Korosec 2023-07-27 12:45:15 techcrunch.com Tesla exaggerated the range estimates for its EVs for years, prompting owners to flood its service center over concerns that their vehicles needed service, according to a new detailed Reuters report. …
Tesla’s margins remind us that it’s an automaker, not a tech company
Rebecca Bellan 2023-07-21 13:00:21 techcrunch.com Tesla’s stock is worth more than that of Ford, General Motors, Toyota, Volkswagen and Stellantis combined. Despite the fact that Tesla is an automaker, it’s valued as more of a tech …
Tesla blames solar slump on interest rates as energy storage biz booms
Harri Weber 2023-07-19 16:40:28 techcrunch.com Tesla’s solar installations are still slipping, the company told investors on Wednesday. The automaker reported 66 megawatts-worth of solar deployments during its second quarter of 2023, representing a 1 MW decline …
Tesla hits $25B in Q2 revenue, but margins decrease amid price cuts
Rebecca Bellan 2023-07-19 16:45:12 techcrunch.com Tesla reported Wednesday net income of $2.7 billion in the second quarter, up 20% from the same period last year as once again, the company’s EV price cuts dug into profits. …
Tesla lets owners recharge with solar
Harri Weber 2023-07-17 16:42:02 techcrunch.com Tesla’s latest move is a new feature for folks who’ve seriously bought into its ecosystem. Tesla drivers with home solar and a Powerwall charger now have an in-app option to exclusively …
Tesla says Model 3, Model Y tax credits likely to be reduced by 2024
Rebecca Bellan 2023-07-12 21:27:54 techcrunch.com Tesla said the $7,500 federal tax credits for its Model 3 and Model Y electric vehicles are likely to be reduced after December 31, according to a change on the automaker’s …
A first step to mainstream adoption of web3 in the enterprise
Jacquelyn Melinek 2023-07-10 14:57:14 techcrunch.com Web3 enterprise adoption is possible, but who’s going to create its value? Jacquelyn Melinek 7 hours As the global crypto market capitalization sits around $1.2 trillion, some industry players are looking …
Tesla to provide more info on its driver alert system amid Autopilot probe
Rebecca Bellan 2023-07-06 20:27:50 techcrunch.com U.S. regulators have requested more information from Tesla to assist in their ongoing investigation into 830,000 Tesla vehicles that include Autopilot, the automaker’s advanced driver assistance system. The National Highway Traffic …
Kentucky is the latest state to mandate Tesla’s charging plug
Rebecca Bellan 2023-07-04 18:15:44 techcrunch.com Kentucky now requires that electric vehicle charging companies include Tesla’s charging plug if they want to secure federal funds from a state program to electrify highways, Reuters reports. The plan went …
Tesla delivers record EVs amid federal tax credits, price cuts
Rebecca Bellan 2023-07-02 16:22:11 techcrunch.com Tesla has topped Wall Street delivery estimates in the second quarter of 2023 as the automaker’s many price cuts and the Biden administration’s federal electric vehicle tax credits take effect. The …
VW subsidiary Electrify America to add Tesla connectors to EV charging network
Kirsten Korosec 2023-06-29 13:35:30 techcrunch.com Electrify America has become the latest company to align itself with Tesla’s EV charging standard. The company, which was created as part of a settlement of the Volkswagen diesel emission scandal, …
Musk says looking to bring Tesla and Starlink to India after meeting with PM Modi
Manish Singh 2023-06-20 22:26:35 techcrunch.com Tesla chief executive Elon Musk says the firm is looking to invest in India and bring the electric carmaker to the country “as soon as humanly possible.” Musk said he had …
Abu Dhabi pours $738.5M into China’s Tesla challenger Nio
Rita Liao 2023-06-20 10:16:58 techcrunch.com China’s electric vehicle companies are pouring into the Middle East where both investors and consumers have a growing appetite for the country’s Tesla challengers. Shanghai-based Nio announced Tuesday that CYVN Holdings, …
Nio said not to join China’s EV price war. Now it’s cutting $4K across all models
Rita Liao 2023-06-12 00:46:41 techcrunch.com Nio, one of China’s homegrown Tesla challengers, has slashed the prices of all its models by 30,000 yuan ($4,200), the NYSE-listed premium electric vehicle upstart announced on Monday. The news came …
Tesla fuels an EV charging standards war
Kirsten Korosec 2023-06-11 16:00:54 techcrunch.com The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the full edition of the newsletter every weekend in your inbox. Subscribe …
Tesla charging stations will strain under GM, Ford deal
Tim De Chant 2023-06-09 15:00:56 techcrunch.com After the GM and Ford deals, Tesla will have to double its Supercharger network in under three years or risk owner backlash If Tesla wants to maintain its Supercharger network’s …
GM follows Ford’s lead and adopts Tesla chargers
Rebecca Bellan 2023-06-08 16:58:41 techcrunch.com General Motors will integrate Tesla’s electric vehicle charging standard in its future EVs, CEO Mary Barra said Thursday during a Twitter Spaces with Tesla CEO Elon Musk. The agreement between the …
Tesla cleared by NHTSA for in-car gaming feature
Kirsten Korosec 2023-05-30 14:05:06 techcrunch.com Federal regulators have closed an investigation into Tesla for allowing in-dash gaming while its vehicles were moving. The U.S. National Highway Traffic Safety Administration launched the investigation in late 2021 after …
Elon Musk says Tesla might ‘open source more code’ to other automakers
Rebecca Bellan 2023-05-25 19:23:40 techcrunch.com Elon Musk suggested Thursday during a Twitter Spaces with Ford CEO Jim Farley that Tesla might open up some of its automotive operating system code to other automakers. “In the same …
Emerging managers shouldn’t rush a first close even in this market
Rebecca Szkutak 2023-05-17 11:00:58 techcrunch.com Fundraising has gotten increasingly tough over the last year for funds of all stripes, and especially so for emerging managers. In the first quarter of 2023, venture firms led by up …
Union AI raises $19.1M Series A to simplify AI and data workflows with Flyte
Frederic Lardinois 2023-05-17 12:00:15 techcrunch.com Union AI, a Bellevue, Washington–based open source startup that helps businesses build and orchestrate their AI and data workflows with the help of a cloud-native automation platform, today announced that it …
Roku launches new sports hub dedicated to women’s sporting events
Lauren Forristal 2023-05-17 10:48:28 techcrunch.com Roku is giving sports fans what they want — better access to women’s live sports. The company announced Wednesday the launch of Women’s Sports Zone, a new centralized hub that makes …
Landlord-focused insurtech Obie lands $25.5M led by Battery Ventures
Mary Ann Azevedo 2023-05-17 11:13:20 techcrunch.com Obie, a real estate-focused insurance technology company, has raised $25.5 million in a funding round led by Battery Ventures. Since the company’s last raise — a $10.4 million Series A …
Entro raises $6M to for its end-to-end secrets security solution
Frederic Lardinois 2023-05-17 07:00:08 techcrunch.com Entro, a Tel Aviv-based startup that is building a security platform that helps enterprises manage and protect their secrets like account credentials, certificates and API keys, today announced that it has …
Finnish VC firm Lifeline Ventures closes $163M fund for early-stage startups
Paul Sawers 2023-05-17 04:00:44 techcrunch.com Venture capital (VC) firm Lifeline Ventures today announced a fresh €150 million ($163 million) fund aimed at early-stage startups across Finland. Founded in 2009, Helsinki-based Lifeline Ventures has invested in around …
Tesla Roadster production has been pushed back again
Kirsten Korosec 2023-05-16 20:08:49 techcrunch.com The second-generation Tesla Roadster — the all-electric sports car that made a splashy and surprise debut in November 2017 — will “hopefully” go into production next year, CEO Elon Musk said …
Elon Musk teases two new EVs, says Tesla is already building one
Rebecca Bellan 2023-05-16 18:55:07 techcrunch.com Tesla CEO Elon Musk teased two new electric vehicles Tuesday at the automaker’s 2023 annual shareholder’s meeting. The billionaire executive even claimed that Tesla is already in the process of building …