Arc gets its first major order for electric tugboats worth $160M
It’s a big step in the company’s ambitous plan to electrify all watercraft.
It’s a big step in the company’s ambitous plan to electrify all watercraft.
The move comes just one month after Uber partner Joby acquired Blade’s passenger business.
It’s a precursor to the company’s larger ambitions of operating a full-blown robotaxi service in the state — something it’s still yet to prove can work at scale in Texas.
The shakeup comes as the startup was still struggling to get its test vehicle off the ground — literally. The first flight was only in March.
Musk used to say Tesla would make 20 million cars and one million humanoid robots per year. The company’s board wants far less than that in exchange for $1 trillion.
Tesla spent a fraction on X in early 2025 compared to 2024. It also paid $300,000 to Kimbal Musk’s drone company.
Tesla has proposed a new 10-year compensation plan for CEO Elon Musk that could be worth as much as $1 trillion even as the EV maker’s car business stumbles and it sets its sights on…
The company previously laid off around 140 workers in its manufacturing division in June.
It’s the first airport in California that Waymo will offer rides to and from. The company’s been active at the Phoenix airport for nearly two years.
While many other airlines are choosing Starlink, JetBlue is opting for Amazon’s newer Kuiper satellites. But the service won’t launch until 2027.