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Kirsten Korosec

Kirsten Korosec
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The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the newsletter every weekend in your inbox. Subscribe for free. Welcome back to The Station, your central hub for all past, present and future means of moving people and packages from...
When TuSimple went public in 2021 it was flying high as the leading self-driving trucks developer in the United States. Now — after a string of internal controversies and the loss of a critical partnership with truck manufacturer Navistar — TuSimple is exiting the U.S. altogether. The publicly traded company...
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the newsletter every weekend in your inbox. Subscribe for free. Welcome back to The Station, your central hub for all past, present and future means of moving people and packages from...
Fisker, the California-based EV startup, cut its annual production guidance in an effort to free up $300 million in working capital, the company said in a business update Friday. Fisker said it expects to produce about 10,000 vehicles this year. The decision comes less than a month since Fisker cut...
With dubstep as the soundtrack and neon lighting as the backdrop, Elon Musk handed the first Cybertrucks over to a select group of customers that included Reddit co-founder and VC fund Seven Seven Six founder Alexis Ohanian and Trousdale Ventures founder and CEO Phillip Sarofim. The livestreamed portion of the...
Rivian kicked off Monday a limited program that will give customers in select U.S. states the option to lease its all-electric R1T pickup truck. For now, customers living in 14 U.S. states can access the leasing program. The states, which includes Arizona, California, Colorado, Florida and Texas, were chosen based...
Cruise executives are taking a measured business approach that preserves cash and improves safety culture in an attempt to put GM’s troubled autonomous vehicle subsidiary on the right path. The first steps in this rebuilding plan, which includes pausing production on its Origin robotaxi, were laid out in an internal...
Luminar founder and CEO Austin Russell’s bid to buy Forbes Global Media Holdings has ended. Integrated Whale Media Investments, the Hong Kong-based parent company of Forbes, terminated the agreement with Russell after he failed to secure the ideal group of investors needed to close the deal. Bloomberg was the first...
Ford said Tuesday it will downsize its plans to build a factory in Michigan that makes cheaper lithium iron phosphate batteries using tech licensed from China’s CATL. The decision comes two months after Ford paused the factory project, known as the BlueOval Battery Park Michigan in Marshall; it’s also...
Rivian founder and CEO RJ Scaringe has taken on another role within the publicly traded EV maker as chief product officer Nick Kalayjian moves out of the job and eventually into an advisory position, according to a regulatory filing and internal emails viewed by TechCrunch. Scaringe will now be...