Tag: Tesla

Hi, folks, welcome to Week in Review (WiR), TechCrunch’s newsletter that highlights some of the more noteworthy moments in tech over the past few days. The holiday season is nigh upon us, but the tech industry waits for no one — on the horizon are IBM, AMD and Intel conferences, plus the annual Consumer Electronics…

Miguel Fernandez Contributor Share on X Miguel Fernandez is CEO and co-founder of Capchase, which provides non-dilutive financing to SaaS and comparable recurring-revenue companies. More posts by this contributor Revenue-based financing: A new playbook for startup fundraising Use alternative financing to fuel VC-level growth without diluting ownership Move over, TAM. There’s a new essential metric…

Black farmers seem to have received the rough end of every stick this past century. In 1910, they represented around 14% of U.S. farmers and owned over 16 million acres of land. Today, one in 100 farmers are Black, owning less than 5 million acres and losing $326 billion in land value. Farmers are suing…

GM may have mortgaged its future last week. On Wednesday, the automaker announced that it would boost its dividend and buy back $10 billion worth of its shares, effectively erasing this year’s net income and then some. The move pleased shareholders, with GM’s stock trading about 10% higher than before the financial engineering moves were…

© Reuters. FILE PHOTO: Silja Yraola, an employee of Icelandic startup Carbfix, enters the dome with injection well at its facility in Olfus, Iceland, November 21, 2023. Icelandic startup Carbfix is the world’s first CO2 mineral storage operator, permanently sequeste   SWCH +0.00% Add to/Remove from Watchlist Add to Watchlist Add Position Position added successfully…

After four years, the long-awaited launch of the Tesla Cybertruck electric pickup has come and gone. The boxy vehicle is Tesla’s first new model since 2020, when it started delivering the Model Y. Yet, Cybertruck’s initial debut predates that moment; Tesla CEO Elon Musk showed off an early version of the pickup at a memorable…

Fisker, the California-based EV startup, cut its annual production guidance in an effort to free up $300 million in working capital, the company said in a business update Friday. Fisker said it expects to produce about 10,000 vehicles this year. The decision comes less than a month since Fisker cut its production target to between…

You might get a better value if you are willing to sacrifice the Tesla badge…

The e-commerce platform is offering those with the Amazon Prime Student account a chance to score a $25 plane ticket…

Genetic testing company 23andMe announced on Friday that hackers accessed around 14,000 customer accounts in the company’s recent data breach. In a new filing with the U.S. Securities and Exchange Commission published Friday, the company said that, based on its investigation into the incident, it had determined that hackers had accessed 0.1% of its customer…