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Polestar to open first US stores in the second half of 2020

TechCrunch LA

The 2021 Polestar 2 is the first EV to come out of Polestar since it was recast as an electric performance brand in 2017. The stores are expected to open in the second half of 2020. Polestars plans to expand its retail footprint in the first half of 2021 with locations in Boston, Denver, Texas, Washington, D.C. and Florida.

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What Does the Post Crash VC Market Look Like?

Both Sides of the Table

<== Our conclusion was that this isn’t a temporary blip that will swiftly trend-back up in a V-shaped recovery of valuations but rather represented a new normal on how the market will price these companies somewhat permanently. We’ll just wait until companies that last raised in 2019 or 2020 come to market.”

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Tesla Model Y orders are now open

TechCrunch LA

Customers can already place an order for the Tesla Model Y, a mid-sized crossover SUV that won’t go into production until 2020. ” Under that timeline, deliveries wouldn’t begin until late 2020 or possibly early 2021. But that kind of performance comes at a higher price.

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Shareholders approve Bird-SPAC merger, stock promptly falls

TechCrunch LA

That’s precisely what the company will be worth in light of Switchback II’s share price declines, but the number could be lower than the headline figure from early merger disclosures. For example, Bird had gross margins that were negative in 2018, 2019 and 2020. billion for Bird when it began to trade.

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Max Q: SpaceX gets ready for first human flight

TechCrunch LA

This week turned out to be a surprisingly busy one in space news — kicked off by the Trump administration’s FY 2021 budget proposal, which was generous to U.S. Register for TC Sessions: Space 2020. Sign up here to receive it weekly on Sundays in your inbox. space efforts both in science and in defense.

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Fintech giant Klarna raises $639M at a $45.6B valuation amid ‘massive momentum’ in the US

TechCrunch LA

In all of 2020, it processed $53 billion in volume. billion in volume for the entire fiscal year of 2021 and Afterpay is projecting $16 billion in volume for its entire fiscal year. . March 2021 also represented a record month for global shopping volume with $6.9 Meanwhile, in 2020, Klara hit over a billion in revenue.

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The New Style of Startup Vision: Smaller But Sharper?

Tech.Co

. “Marshmallow first began by providing car insurance cover for UK-based expats, a group who had historically been quoted insurance prices that were 51% higher than the market average. When the wider world went into lockdown around March 2020, there were initial concerns that the company would really struggle.

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