Lidar startup Ouster raises $42M in push to grow sales, diversify products

Lidar startup Ouster has spent the past several years expanding and improving its line of sensors as it jostles for a piece of the crowded and competitive market place. Now, Ouster says it has raised $42 million, fresh capital that will be used to fund product development and ramp up sales. In short: Ouster is […]

Tesla shares drop sharply in broader tech sell-off, falling 17% in morning trading

Last Thursday and Friday’s public market sell-off has stretched into this week, with the tech-heavy Nasdaq Composite off 2.5% this morning. But while tech shares are down broadly to start the holiday-shortened week — and are taking stick for bringing down even broader indices — some well-known technology, and technology-ish companies are suffering even more. […]

Chinese EV startup Xpeng Motors raises $1.5 billion in US public market debut

Chinese electric vehicle startup Xpeng Inc. raised $1.5 billion through an initial public offering in the U.S. as investor interest in EVs and clean energy outstripped concerns over escalating tensions between the U.S. and China. The automaker, which is headquartered in Guangzhou, China and has offices in Silicon Valley and San Diego, said in a […]

Lucid’s new all-electric sedan will let owners send energy to their homes by mid-2021

Lucid Motors said Wednesday that its upcoming all-electric Air sedan will have fast-charging capability that will let owners add 300 miles of range to the battery in 20 minutes and a home-charging unit that will allow owners to send energy from their car to their home. Lucid said it is able to hit this benchmark […]

Xos Trucks raises $20M to put more of its electric commercial trucks on the road

Commercial electric vehicle startup Xos Trucks has raised $20 million, funding it will use to ramp up production ahead of potential new demand fueled by a landmark emissions rule adopted by California that will require more than half of all trucks sold in the state to be zero-emissions by 2035. The startup, which was formerly […]

Waymo COO Tekedra Mawakana is coming to TC Sessions: Mobility 2020

In the past two years, Waymo has scaled up a robotaxi service in the Phoenix area, locked in or expanded partnerships with Volvo and Fiat Chrysler Automobiles, acquired at least one company, launched a lidar business and ramped up testing of its automated trucks. Standing at the front line of this change — and Waymo’s […]

Tesla announces 5 for 1 share split, rallies 8%

Today after the close of regular trading Tesla, a well-known American electric vehicle company, announced that it intends to split its shares 5 for 1. The split announcement comes after a sharp rally in the value of Tesla equity in recent quarters. The company’s shares quickly rallied on the news, picking up 8% in after-hours […]

How Moovit went from opportunity to a $900M exit in 8 years

Omar Téllez Contributor Share on Twitter Omar Téllez is a private investor in several tech companies based in LatAm and Silicon Valley. A member of Niantic’s executive team, he was previously president of Moovit. More posts by this contributor Top VCs Are Chasing Digital Companies In Latin America Why Ed Tech Is Taking Off In […]

Is the 2020 SPAC boom an echo of the 2017 ICO craze?

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Elon Musk says Tesla is open to licensing Autopilot, supplying powertrains and batteries to other automakers

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