Kirsten Korosec
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Arrival to slash costs, cut up to 30% of workforce to meet on EV van production target – TechCrunch
Kirsten Korosec - 0
Arrival, the U.K.-based commercial EV company, plans to slash costs and cut as much as 30% of its workforce as it attempts to protect the business from a challenging economic environment while meeting its production targets.
The company, which went public last year via a merger with a special purpose...
Andrej Karpathy, the deep learning and computer vision expert who was hired five years ago as Tesla’s director of AI and led Autopilot vision team, is officially leaving the company.
Karpathy was on a four-month leave of absence, fueling widespread speculation as to whether he would return.
In a tweet...
Rivian CEO confirms layoffs could be part of restructuring to stay ‘nimble’ – TechCrunch
Kirsten Korosec - 0
Rivian will continue to hire in strategically important areas even as it restructures its business and possibly cuts some jobs, according to an internal email from CEO RJ Scaringe that was sent to employees following reports the EV automaker was planning to layoff about 5% of its workforce.
The...
Layoffs are coming for the AV world, VW plans ‘big moves’ in China and inside Cruise’s robotaxi outages – TechCrunch
Kirsten Korosec - 0
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Welcome back to The Station, your central hub for all past, present and future means of moving people and packages from Point...
Tesla shares get baby bump as Elon Musk tries to pull out of Twitter deal – TechCrunch
Kirsten Korosec - 0
Tesla shares received an upwards bump in after-hours trading Friday as investors reacted positively to Elon Musk’s move to terminate his $44 billion deal to buy Twitter.
Tesla shares rose 14.51% to close at $752.29 on Friday. The share price continued to edge higher after regular trading hours by...
Argo AI, the autonomous vehicle technology startup backed by Ford and Volkswagen, has laid off about 150 people and slowed the pace of hiring, making it the latest tech company to reduce its workforce as recession fears grow.
The layoffs account for about 5% of its more than 2,000...
Another fatal Tesla crash is being investigated by US safety regulators – TechCrunch
Kirsten Korosec - 0
The National Highway Traffic Safety Administration has opened an investigation into a fatal crash involving a Tesla, according to documents viewed by TechCrunch.
The investigation, which was opened in July, is the latest in a long string of inquiries by NHTSA’s Special Investigations program into crashes involving Tesla vehicles....
US safety regulators open special investigation into Cruise AV crash – TechCrunch
Kirsten Korosec - 0
The National Highway Traffic Safety Administration has opened a special investigation into a crash in San Francisco involving a Cruise autonomous vehicle that resulted in minor injuries.
The agency’s special crash investigations team officially launched its inquiry June 22, according to documents viewed by TechCrunch. Reuters was first to...
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox.
Welcome back to The Station, your central hub for all past, present and future means of moving people and packages from Point...
There’s a reason the term “daily driver sports car” exists. It’s because typically, purpose-built performance cars suffer from an inherent lack of usability: they’re loud, uncomfortable and they require pristine driving conditions. What’s more, they’re often bereft of the accessories we’ve grown used to, and when they’re included,...