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Armed with a new permit from the state’s Department of Motor Vehicles, Tesla is preparing to begin testing its autonomous vehicle technology on public streets in Nevada. The testing permit, which was first noted by Tesla influencer Sawyer Merritt, comes two months after CEO Elon Musk outlined the company’s plans to take its autonomous vehicle…
Coinbase will launch a futures product later this month that will give exposure to the top seven US tech stocks alongside Bitcoin and Ether ETFs. Crypto exchange Coinbase is set to roll out a futures product tracking the top US tech stocks, crypto exchange-traded funds, and its own shares to offer exposure to equities and…
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. To get this in your inbox, sign up here for free — just click TechCrunch Mobility! Wow, y’all aren’t exactly bullish on EV sales in the U.S. once the federal tax credit expires. For those wondering what…
Tesla has asked a judge to nix the $243 million verdict lodged against the company in a lawsuit involving its Autopilot system, or to allow a new trial to occur, according to a new court filing. The company’s lawyers argue that the verdict, which a jury made earlier this month, “flies in the face of…
Months before a jury awarded a $242.5 million verdict against Tesla over its culpability in a 2019 fatal crash, the automaker had a chance to settle for $60 million. Instead, Tesla rejected that offer, according to new legal filings that were first reported by Reuters. The settlement proposal, which was made in May, was disclosed…
Hey, all, and happy Friday! Welcome back to TechCrunch Mobility, your hub for news, analysis, and scoops around the future of transportation. To get this in your inbox, sign up here for free — just click TechCrunch Mobility! I was sad to have missed the Monterey Car Week this year, especially because there were a…
Ethereum gaming network Xai claims Elon Musk’s AI firm xAI has caused market confusion and reputational harm. Ethereum-based gaming network Xai has filed a lawsuit against Elon Musk’s artificial intelligence company xAI, accusing it of trademark infringement and unfair competition. The complaint, lodged in the Northern District of California on Thursday, claims Musk’s xAI company…
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. To get this in your inbox, sign up here for free — just click TechCrunch Mobility! I took a tour through a few 10Q reports this week to get a sense of how EV makers like Rivian and Lucid…
Tesla is breaking up the team behind its Dojo supercomputer, ending the automaker’s play at developing in-house chips for driverless technology, according to Bloomberg. Dojo’s lead, Peter Bannon, is leaving the company, and the remaining team members will be reassigned to other data center and compute projects within Tesla, per Bloomberg’s reporting, which cited anonymous…
A jury in federal court in Miami has found Tesla partly to blame for a fatal 2019 crash that involved the use of the company’s Autopilot driver assistance system. The jury assessed punitive damages only against Tesla, CNBC reported. The punitive fines coupled with a compensatory damages puts the total payments to around $242.5 million….