• 17

    Tesla gets a spot on the S&P 500

    Tesla will be added to the S&P 500, a milestone that will expand its investor base and put the electric automaker in the same company as heavyweights like Apple, Berkshire Hathaway and Microsoft. The announcement, made Monday afternoon by the S&P Dow Jones Indices, sent shares 13.7% higher in after-market trading. Tesla will officially join the benchmark index prior to trading December 21, ...
  • 10

    E-scooter startup Tier raises $250 million round led by SoftBank Vision Fund 2

    Berlin-based micro-mobility startup Tier has raised a significant Series C round of $250 million. SoftBank Vision Fund 2 is leading the round, which proves that the Vision Fund team is still focused on high-risk, high-potential bets. As a reminder, SoftBank has invested in many late-stage funding rounds through its Vision Fund team. Portfolio companies include Nuro, Getaround, GetYourGuide, DoorDash, Grab and WeWork. ...
  • 10

    Lucid Motors reveals its long-awaited Air electric sedan

    Lucid Motors CEO and CTO Peter Rawlinson had a clear vision for how to take an electric car to another level. The former chief engineer of the Tesla Model S just didn’t expect it to take quite so long. Today, nearly four years since the company first announced its intentions to produce electric vehicles, Lucid Motors revealed the final version of its all-electric ...
  • 19

    Xos Trucks raises $20M to put more of its electric commercial trucks on the road

    Commercial electric vehicle startup Xos Trucks has raised $20 million, funding it will use to ramp up production ahead of potential new demand fueled by a landmark emissions rule adopted by California that will require more than half of all trucks sold in the state to be zero-emissions by 2035. The startup, which was formerly known as Thor Trucking, raised ...
  • 31

    Self-driving startup Argo AI hits $7.5 billion valuation

    Autonomous vehicle technology startup Argo AI  is valued at $7.5 billion, just a little more than three years after the company burst on the scene with a $1 billion investment from Ford. The official valuation was confirmed Thursday nearly two months after VW Group finalized its $2.6 billion investment in Argo AI. Under that deal, Ford and VW have equal ownership stakes, ...
  • 30

    Panasonic boosts energy density, trims cobalt in new 2170 battery cell for Tesla

    Panasonic has developed new battery technology for the ‘2170’ lithium-ion cells it produces and supplies to Tesla, a change that improves energy density by 5% and reduces costly cobalt content. The new, higher-energy dense 2170 cells will be produced by Panasonic  at Tesla’s factory in Sparks, Nevada, the company said Thursday. Panasonic is upgrading its battery cell lines with production slated to begin ...
  • 29

    Elon Musk says Tesla is open to licensing Autopilot, supplying powertrains and batteries to other ...

    Tesla  CEO Elon Musk noted on Twitter on Tuesday night that the automaker would be “open to licensing software and supplying powertrains & batteries” to other automakers. Musk added that that would even include Autopilot, the advanced driver assistance software that Tesla offers to provide intelligent cruise control in a number of different driving scenarios. Musk was addressing a Teslerati article about how ...
  • 26

    Lordstown debuts a $52,500 electric pickup alongside a campaigning Mike Pence

    Lordstown Motors  unveiled Thursday a prototype of its electric future, a pickup truck with four in-wheel hub motors and a few other features all aimed squarely at attracting contractors and other buyers in the commercial market. The unveiling by this one-year-old Ohio startup didn’t get too deep into the details about the electric pickup truck known as Endurance. There wasn’t any ...
  • 22

    The Station: DoorDash snags $400M, Bolt Mobility deploys self-cleaning tech, and disappearing Jump bikes

    Hi friends and first-time readers. Welcome back to The Station, a newsletter dedicated to all the present and future ways people and packages move from Point A to Point B. I’m your host Kirsten Korosec Micromobbin’ is typically the scooting ground of Megan Rose Dickey. This week, you’ll have to deal with me. A few micromobility stories got my attention ...
  • 22

    Tesla’s big battery event and shareholder meeting tentatively set for September 15

    Tesla  CEO Elon Musk has been hyping a potential battery day for quite a while now, and it looks like we should see it happen within the next few months – Musk said on Twitter that September 15 is the “tentative date” for the “Tesla Shareholder Meeting & Battery Day,” which will include the usual shareholder meeting as well as a ...