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

TechCrunch LA

retail stores will open in Los Angeles, New York City and two locations in San Francisco later this year — the latest milestone for the automaker as it gets closer to bringing its all-electric vehicle to market. The stores are expected to open in the second half of 2020. Polestar’s first U.S. and Florida.

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Ford’s 2020 Escape plug-in hybrid takes aim at Toyota RAV4 Prime

TechCrunch LA

The 2020 Ford Escape plug-in hybrid — a first for the SUV — comes with an EPA-estimated 37 miles of all-electric driving range and 100 miles per gallon equivalent, stats that will put the redesigned model into competition with the new Toyota RAV4 Prime. The Escape beats the Toyota RAV4 Prime on price. this summer.

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Just raises $8M in its effort to beat Root at the car insurance game

TechCrunch LA

Los Angeles-based Just says it uses telematics “to reward safe drivers and reduce insurer bias” by looking at factors such as how, when and where customers drive, rather than factors such as ZIP code or marital status as most traditional insurers do. “The [Just] per mile price that a customer gets can change every month.

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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. Tesla CEO Elon Musk unveiled the Model Y on Thursday night at the Tesla Design Studio in Los Angeles.

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LiveXLive Claims Growth In Pay-Per-View Concerts

socalTECH

Los Angeles-based LiveXLive , the livestreaming and on-demand live event operator, says that--despite the pandemic--it is seeing record pay-per-view concert ticket sales. The company says it has live streamed 59 live music events and over 1,200 artists since January of 2020, and now has 873,000 paid subscribers. READ MORE>>.

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With an ARR topping $250 million, LA’s vertical SAAS superstar ServiceTitan is now worth $8.3 billion

TechCrunch LA

That’s how much Los Angeles-based ServiceTitan , a startup founded just eight years ago is worth now, thanks to some massive tailwinds around homebuilding and energy efficiency that are serving to boost the company’s bottom line and netting it an unprecedented valuation for a vertical software company, according to bankers.

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Elon Musk says Tesla Model Y will be revealed at its LA design studio on March 14

TechCrunch LA

Tesla will pull back the curtains and unveil its Model Y crossover vehicle at an event in Los Angeles on March 14th, according to a tweet from chief executive Elon Musk. Musk has been teasing the car’s release since 2015, and in a January letter to shareholders said that high volume production would begin by the end of 2020.

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