Uber and Lyft to test Baidu robotaxis in London next year, joining Waymo
The geographic expansions continue for the ride-hailing companies’ robotaxi plans.
Former Patagonia CEO Rose Marcario resigns from Rivian’s board
Marcario joined the board in 2021, and will maintain her position as chair overseeing the Rivian Foundation, which made its first grants last year.
Elon Musk’s $56B Tesla pay package restored by Delaware Supreme Court
The decision brings to a close a years-long court battle that irked Musk so much he moved Tesla’s incorporation from Delaware to Texas.
Rivian rolls out new ‘Universal Hands-Free’ driving feature
The driver assistance software is available on Rivian’s for Gen 2 R1 cars and works on 3.5 million miles of North American roads. But it doesn’t slow or stop for traffic lights or stop signs.
Jared Isaacman confirmed as next head of NASA
Isaacman will run the space agency at a time when Trump is trying to both downsize it and task it with returning astronauts to the Moon.
Rad Power Bikes files for bankruptcy and is looking to sell the business
It’s the latest e-bike company to seek bankruptcy protection after pandemic-era excitement for the category wore off.
Tesla engaged in deceptive marketing for Autopilot and Full Self-Driving, judge rules
The judge ruled Tesla should have to suspend manufacturing and sales in California for 30 days, but the DMV stayed those rulings for 90 days to allow Tesla to comply.
Slate crosses 150,000 reservations despite waning EV truck enthusiasm
It took Slate Auto about seven months to grow its customer list by 50%, but new reservations appear to be outpacing any cancelations.
How Luminar’s doomed Volvo deal helped drag the company into bankruptcy
Luminar says trouble with Volvo started as early as 2022, and that the Swedish automaker made — but then backed away from — large orders of its lidar sensors.
Lidar-maker Luminar files for bankruptcy
The filing marks the end of a tumultuous year full of layoffs, executive departures, and piling debts.