Uber and Yandex will be spinning off their self-driving car subsidiary into its own entity – MLU BV. MLU BV will have $150 million in new capital from Yandex, including $100 million in equity and $50 million as a convertible…
Tesla Cybertruck orders in China. Tesla is now officially taking Cybertruck orders in China. You can head to the Tesla website to reserve your Cybertruck. The Cybertruck has such a unique design I’m sure there will be a lot of…
Waymo at present has a private valuation that is twice as high as Tesla. How can this be? Margins! Tesla is focused on the full production of the car where Waymo is focused purely on the underlying technology with self…
Tesla is a very interesting beast! It looks and feels like a car company, but really it’s not! Here is a link to an interesting article about Tesla not being a hypergrowth company. Read the full article here.
