Teaming up with the SPAC controlled by former investment banker Michael Klein will put a valuation of $1.2 billion on Plus. The combined entity will be known as PlusAI.
June 11, 2025Search
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Musk Moves Tesla’s Robotaxi Launch ‘Tentatively’ to June 22
Elon Musk says Tesla is “tentatively” set to begin providing robotaxi service in Austin, Texas, on June 22.
June 11, 2025Tesla, Musk Tease Robotaxi Launch With Driverless Demo
Tesla executives including Elon Musk promoted a video of one of its vehicles driving in Austin with nobody behind the wheel, hinting that it’s close to launching its robotaxi service there.
June 10, 2025Tesla Plunges After Trump-Musk Conflict Erupts
Tesla's shares sank as Elon Musk and President Donald Trump’s simmering feud devolved into a public war of words between two of the world’s most powerful people.
June 5, 2025Walmart Enhances Drone Delivery in Attempt to Speed Up Orders
Walmart is adding drone delivery in five new cities in a bid to expand online sales and get goods to shoppers faster.
June 5, 2025Joby Considers Air Taxi Deal Worth Up to $1 Billion
Joby Aviation is working toward an agreement to sell as many as 200 of its air taxis to a major Saudi Arabian investor in a deal potentially worth as much as $1 billion.
June 3, 2025Uber Promotes Company Veteran to Chief Operating Officer
Uber Technologies named longtime executive Andrew Macdonald its first chief operating officer since 2019, part of an executive shake-up that includes the departure of the company’s top delivery leader.
June 2, 2025Tesla Targets June 12 Rollout of Robotaxi Service in Austin
Tesla is poised to begin its long-awaited robotaxi service in Austin, Texas, on June 12, according to a person familiar with the matter.
May 28, 2025Toyota Becomes Top Shareholder in Air Taxi Maker Joby
Toyota has invested $250 million in Joby Aviation, completing the first half of a previously announced $500 million commitment and becoming the air taxi maker’s largest shareholder.
May 28, 2025Michigan County Board Opposes I-94 Self-Driving Corridor
Washtenaw County officials are opposed to proposed express lanes on about 39 miles of Interstate 94 between Ann Arbor and Detroit that one day could be dedicated to self-driving vehicles.
May 28, 2025