article thumbnail

Transportation Weekly: Uber’s spending habits, Tesla Model Y, scooters and AVs in Austin

TechCrunch LA

Harris writes: “The figures, dating back to 2016, paint a picture of a company desperate to meet over-ambitious autonomy targets and one that is willing to spend freely, even recklessly, to get there. .” This investment would give Uber ATG a valuation of between $5 billion and $10 billion, WSJ reported.

article thumbnail

How GridTest Is Helping To Build The Next Electric Car, With Neal Roche

socalTECH

The clean technology sector is infamous for taking a big toll on startups--requiring large investments, risky technology propositions, steep international competition, and fickle government policies. We manufacturer our equipment here in the San Fernando Valley, but we're also shipping our equipment to Asia and Europe.

Help 178