Kirsten Korosec
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A Delaware judge ruled Tuesday that Elon Musk’s $56 billion multi-billion pay package is unfair, voiding the largest in compensation deal in corporate history.
The decision, issued Tuesday in the Delaware Court of Chancery by Judge Kathaleen McCormick, means that Musk, the world’s richest person, can’t keep the 2018 compensation...
What went wrong at Cruise, a pivot at Vroom and a home for Tesla’s Dojo supercomputer
Kirsten Korosec - 0
TechCrunch Mobility is a weekly newsletter dedicated to all things transportation Sign up here — just click TechCrunch Mobility — to receive the newsletter every weekend in your inbox. Subscribe for free.
Welcome back to TechCrunch Mobility – the same weekly newsletter you’ve been reading, but with a new name and a...
Porsche took the wraps off Thursday of the Macan EV, a long-delayed project that will test whether consumers still have the drive to spring for an electric vehicle that costs more than $78,000.
The reveal comes at a pivotal time for Porsche — and many other automakers. Demand for expensive...
Vroom hits the brakes on its online used car business to go full throttle on auto financing and AI
Kirsten Korosec - 0
Vroom is shutting down its online used car marketplace and shifting all of its resources and capital into two business units focused on auto financing and AI-powered analytics. About 800 employees, or 90% of its workforce, will lose their jobs as a result, according to a regulatory filing.
The company said...
Flexport taps Shopify for cash, behind the wheel of the Kia EV9 and where Amazon wants to invest
Kirsten Korosec - 0
TechCrunch Mobility is a weekly newsletter dedicated to all things transportation Sign up here — just click TechCrunch Mobility — to receive the newsletter every weekend in your inbox. Subscribe for free.
Welcome to TechCrunch Mobility – the same weekly newsletter you’ve been reading, but with a new name and a...
Another CES has come and gone and transportation was still one of the central actors on one of the world’s largest tech stages. It wasn’t just electric cars either that captured our attention at CES 2024.
Companies and startups focused on automated driving, EV charging, software (and more specifically AI),...
Polestar CEO Thomas Ingenlath couldn’t be happier with the integration of Google built-in, the branded product that embeds Google apps and services directly into the company’s EVs. But don’t expect the EV maker to drop Android Auto or Apple CarPlay as a result.
On the sidelines of CES 2024, Ingenlath...
Supernal, the advanced air mobility company under Hyundai Motor Group, took the wraps off its latest iteration of an electric vertical takeoff and landing aircraft called the S-A2 that executives say is designed to shuttle passengers by 2028.
The S-A2 is essentially a more fully baked version of what it...
Google Maps will now give EV drivers real-time battery range info, starting with Ford
Kirsten Korosec - 0
Google announced Tuesday at CES 2024 a new feature for EV drivers that will track and display real-time battery information in Google Maps.
The feature is available in EVs with Android Auto, a secondary interface that runs on the user’s phone and wirelessly communicates and projects features like navigation, media...
Pivotal kicks off U.S. sales of its lightweight electric personal Helix aircraft
Kirsten Korosec - 0
Pivotal, the Palo Alto, California-based company backed by Larry Page, kicked off online sales Monday night at CES 2024 for Helix, a lightweight electric personal aircraft that doesn’t require a pilot’s license to fly.
Helix marks an evolution for Pivotal, a company previously known as Opener that has been working...