Ouster’s new color lidar is coming to replace cameras
A sensor that can simultaneously capture depth and image data has long been a “holy grail,” Ouster CEO Angus Pacala told TechCrunch.
EV startup Faraday Future paid $7.5M to company tied to founder Jia Yueting
The perpetually-struggling EV company made the payments while being investigated by the SEC. That four-year-long probe was ultimately closed in March.
Uber taps Hertz to clean, charge, and fix its Lucid Motors robotaxis
Hertz is creating a new affiliate company called “Oro Mobility” to provide fleet management solutions “across a range of mobility segments.”
Redwood Materials loses COO amid layoffs, restructuring
Former Tesla executive Chris Lister is retiring, and at least three other VPs have left Redwood around the recent restructuring, TechCrunch has learned.
Tesla drops Musk’s $29B ‘interim’ award after Delaware court restored larger pay package
The company is following through on its promise to not let Musk “double dip” if he won his appeal to restore Tesla’s 2018 compensation package, worth $56 billion.
Elon Musk admits millions of Tesla owners need upgrades for true ‘Full Self-Driving’
The admission could open Tesla to legal challenges after it spent years promising customers they were just one software update away from owning fully autonomous cars.
Rivian R2 production has started despite tornado damage to factory
The company’s all-important mass-market EV is just about ready to start heading to customers.
Redwood Materials lays off 10% in restructuring to chase energy storage business
The company is restructuring some teams to accommodate a booming energy storage business, according to emails viewed by TechCrunch.
FAA orders investigation into Blue Origin’s New Glenn mishap
The New Glenn rocket will have to stay grounded while the company investigates what caused the apparent failure of its upper stage.
Rivian’s factory hit by tornado ahead of R2 launch
Nobody was hurt after an EF-1 tornado hit the part of the factory where the R2 SUV is supposed to be built.