Tag: tesla
Autotech Ventures raises more than $150 million with an eye on ground transportation startups
Autotech Ventures popped on the scene three years ago with a $120 million debut fund and a plan to invest in early-stage ground transportation startups. Now, with investments in 26 startups and a handful of exits, including Xnor.ai, DeepScale and Frontier Car Group, the venture firm is back with a…
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Volvo to use Luminar’s lidar in production vehicles to unlock automated driving on highways
Volvo Cars will start producing vehicles in 2020 that are equipped with lidar and a perception stack — technology developed by Silicon Valley startup Luminar that the automaker will use to deploy an automated driving system for highways. For now, the lidar will be part of a hardware package that…
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Tesla has applied for a license to become a UK energy provider
Tesla has applied for a licence to become an energy provider in the UK, according to the Telegraph. That means it might bring it’s lithium-ion PowerPack battery technology to Britain, much as it did with its 100 megawatt Hornsdale PowerPack installat… Source
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Equity Shot: 1% is the new “growth”
Happy Saturday and welcome back to an Equity Shot, a short-form episode of Equity where we drill into one particular topic. There was so much news this week in our main areas of focus — startup funding rounds, new venture funds, that sort of thing — that we had to…
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Tesla shares fall on Elon Musk “stock price too high” tweet
Tesla CEO Elon Musk tweeted Friday that the company’s stock price was “too high” in his opinion, immediately sending shares into a free fall and in possible violation of an agreement reached with the U.S. Securities and Exchange Commission last year. Tesla shares fell nearly 12% in the half hour…
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Tesla’s ‘full self-driving’ feature is coming in subscription form
During the Q1 2020 earnings call on Wednesday, Tesla CEO Elon Musk confirmed that the company’s “Full Self-Driving” system will become available as a monthly subscription later this year.Tesla has been installing the necessary hardware for its autono… Source
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