Tag: tc
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Oracle is headed to Texas now, too
Austinites, watch out; another tech company is headed into town. Just days after Tesla CEO Elon Musk revealed during an interview that he has moved to Texas, and less than two weeks after HP Enterprise, a spin-out of the iconic Silicon Valley company Hewlett-Packard, announced that it is separately moving to Texas, yet another of…
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Elon Musk would consider having Tesla acquire a legacy automaker
Elon Musk would look at leveraging Tesla’s mega $554 billion market cap to purchase a heritage automaker, but only as long as it was on favorable terms, the billionaire entrepreneur stated Tuesday in an extensive interview with Axel Springer CEO Mathias Döpfner. Musk, who received an award Tuesday in the media giant, spoke his various…
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Alibaba vies for a piece of China’s booming EV market
There’s no lack of news these days on China’s tech giants teaming up with traditional carmakers. Companies from Alibaba to Huawei are striving to become relevant in the trillion-dollar auto industry, which itself is seeking an electric transition and intelligent upgrade as 5G comes of age. State-owned automaker SAIC Motor, a major player in China,…
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Elon Musk’s Boring Company is setting up operations in Austin
Elon Musk’s tunneling and transport start-up The Boring Company is eyeing Austin because of its next job based on several new project postings. The Boring Company, that last year acquired a deal to build and run a “people Agency ” for the Las Vegas Convention Center, tweeted Monday which was was hiring in Austin. Engineering,…
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Fiat Chrysler plans to bring a Ram electric pickup truck to market
Fiat Chrysler Automobiles CEO Mike Manley confirmed Wednesday the automaker’s Ram brand will bring an electric pickup truck to market. The remarks, made in response to an analyst question during the company’s third-quarter earnings call, puts to rest rampant speculation, which was fueled by previous comments from Manley, that the automaker was planning to join…
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Tesla’s decision to scrap its PR department could create a PR nightmare
Ayelet Noff Contributor Share on Twitter Ayelet Noff is the creator and CEO of both SlicedBrand, a top global PR agency headquartered at Berlin. A strong public relations team solves many issues within a firm. It helps spread important news announcements and issues integral to a company’s success. It communicates with the press in a…
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Proterra, which makes big honkin’ battery systems and electric buses, raises $200 million
Proterra, the battery powered system technology programmer for heavy-duty electric cars, said it has raised $200 million in a new form of funding. The new cash comes in Cowen Sustainable Investment Advisors, which led the round, Together with money from Soros Fund Management, Generation Investment Management and Broadscale Group. Cowen took the majority of the…
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Airbnb nears IPO as Asana and Palantir land their direct listings
Editor’s note: Get this free weekly listing of TechCrunch news which any startup can utilize by email every Saturday morning (7 a.m. PT). Subscribe here. The going hasn’t been easy but also the tech IPOs continue coming. Airbnb itself is nearly here, in what’s very likely to be the ultimate stock exchange listing of this dramatic…
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Founded by former SpaceX engineers, First Resonance pitches tools to make things the SpaceX way
After operating in stealth mode for about two years, First Resonance, a company founded by former SpaceX engineers, is finally showing the world their software toolkit designed to let manufacturers make things using the processes employed by their former boss. It’s a suite of software products that can allow for more flexible manufacturing processes and…
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Tesla claims it can drive battery costs down even lower with new material science innovations
Amid a packed day of announcements from Tesla around inventions the organization is pursuing to slash the expense of electric vehicle production and energy storage through improved battery design, the company said it’s made new improvements in material science for anodes and cathodes — important elements of the lithium-ion batteries which are the core of…