Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Before I jump into the all the news — and boy there was a lot! — I have an important update for all of you lovely readers. TechCrunch Mobility is moving to Thursdays! It will be the same […] © 2024 TechCrunch. All rights reserved. For personal use only ..read more

Welcome to Startups Weekly — Haje’s weekly recap of everything you can’t miss from the world of startups. Sign up here to get it in your inbox every Friday. Musk’s 10-month-old baby, xAI, is closing in on a whoppin’ $6 billion funding round. The social network X, née Twitter — also part of Elon’s tech […] © 2024 TechCrunch. All rights reserved. For personal use only ..read more

Tesla has gutted its charging team in a new round of layoffs, despite recently winning over major automakers like Ford and General Motors and making its connector the defacto standard in North America. Tesla’s Supercharger network has long been seen as one of its greatest competitive advantages. It’s widely available, has far better uptime than […] © 2024 TechCrunch. All rights reserved. For personal use only ..read more

Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here — just click TechCrunch Mobility — to receive the newsletter every weekend in your inbox. Subscribe for free. Welp, Tesla earnings happened this week — and yeah that was a lot. A lot of what, you ask? A […] © 2024 TechCrunch. All rights reserved. For personal use only ..read more

Welcome, folks, to Week in Review (WiR), TechCrunch’s regular newsletter covering this week’s noteworthy happenings in tech. TikTok’s fate in the U.S. looks uncertain after President Joe Biden signed a bill that included a deadline for ByteDance, TikTok’s parent company, to divest itself of TikTok within nine months or face a ban on distributing it […] © 2024 TechCrunch. All rights reserved. For personal use only ..read more

The National Highway Traffic Safety Administration closed a long-standing investigation into Tesla’s Autopilot driver assistance system after reviewing hundreds of crashes involving its misuse, including 13 that were fatal and “many more involving serious injuries.” At the same time, NHTSA is opening a new investigation to evaluate whether the Autopilot recall fix that Tesla implemented […] © 2024 TechCrunch. All rights reserved. For personal use only ..read more

Tesla’s been undergoing some major changes, and now we have a sense of why: The company says it is upending its product roadmap because of “pressure” on EV sales. The new and accelerated plan now includes “more affordable models” that the company claims will be launched next year. Or if Tesla CEO Elon Musk is […] © 2024 TechCrunch. All rights reserved. For personal use only ..read more

Tesla profits fell 55% to $1.13 billion in the first quarter from the same year-ago period as a protracted EV price-cutting strategy and “several unforeseen challenges” cut into the automaker’s bottom line. Tesla reported revenue of $21.3 billion in the first quarter, a 9% drop from the first quarter of 2023. Analysts polled by Yahoo Finance […] © 2024 TechCrunch. All rights reserved. For personal use only ..read more

Tesla has officially revealed a new Performance variant of the recently refreshed Model 3 sedan as the company looks to fight off receding demand. The new version of the Model 3, which starts at $52,990, has a new active damping system and adaptive suspension for better handling and comfort, 296 miles of battery range and […] © 2024 TechCrunch. All rights reserved. For personal use only ..read more

Tesla investors, still digesting a 43% drop in share price since the beginning of the year, are gearing up for what will likely be unimpressive financial results for the first quarter and a shift in priorities for CEO Elon Musk, who is making more moves to go “balls to the wall for autonomy.” Tesla is expected to […] © 2024 TechCrunch. All rights reserved. For personal use only ..read more