Tag: transportation
Tesla is going back to the markets to raise more than $2B through stock offering
Tesla said Thursday it plans to raise more than $2 billion through a common stock offering and will use the funds to strengthen its balance sheet and for general corporate purposes, despite signaling just two weeks ago that it would not seek to raise more cash. Tesla CEO Elon Musk…
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Dial-an-Uber lets users talk to an actual human to hail a ride
Uber is piloting a new feature aimed at older adults that will let customers dial a 1-800 number and speak to an actual human being to hail a ride. The move isn’t just a departure from its app roots. It’s another sign that Uber is trying to transform into a…
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FAA’s proposed remote ID rules should make compliance easy
Jon Hegranes Contributor Jon is the CEO and co-founder of Kittyhawk, the leading provider of unmanned software and airspace systems. More posts by this contributor Separating fiction from feasibility in the future of drone delivery When Josh, my co-founder, and I founded Kittyhawk, we saw the need for a new…
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Swiftmile is bringing advertising to micromobility
Swiftmile, the startup that wants to become the gas station for micromobility vehicles, is getting into advertising. Swiftmile already supplies cities and private operators with docks equipped to park and charge both scooters and e-bikes. Now, the company is starting to integrate digital displays that attach to its charging stations…
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Profitability expectations ding Lyft despite better-than-expected growth
The market has tightened expectations for ride-hailing companies Alex Wilhelm 8 hours Hello and welcome back to our regular look at private companies, public markets and the gray space in between. This afternoon we’re digging into Lyft’s earnings results, unpacking the company’s performance, the market’s expectations and why shares in…
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SpaceX hires ex-NASA human spaceflight expert and shows off Crew Dragon set to carry astronauts
SpaceX is gearing up for its historic first human spaceflight, with a crewed demonstration mission of its Crew Dragon spacecraft tentatively set for May 7 (though that date is flexible right now). The company on Tuesday showed a clip of the completed Crew Dragon spacecraft that will carry astronauts Bob…
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