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Here’s Why Tesla Will Go Bankrupt in 2019
Tesla News

Here’s Why Tesla Will Go Bankrupt in 2019

Just how screwed is Elon Musk? Ignore the noise and look at Tesla's numbers.

Tesla Reports Lackluster 2019 Q1 Delivery Count, Stocks Drop More Than 10 Percent by EOD
News

Tesla Reports Lackluster 2019 Q1 Delivery Count, Stocks Drop More Than 10 Percent by EOD

The EV-maker's numbers were "substantially worse than expected," according to a J.P. Morgan analyst, and Tesla is feeling the repercussions.

Chinese Uber Rival Didi Chuxing May Be a $50 Billion Company After New Investment
Car Tech

Chinese Uber Rival Didi Chuxing May Be a $50 Billion Company After New Investment

Didi Chuxing is raising a new round of capital.

Faraday Future’s Financial Woes Continue, More Layoffs Expected This Week
News

Faraday Future’s Financial Woes Continue, More Layoffs Expected This Week

The company hopes "to solve the funding issue in two to three months."

Analysts are Wrong about Why Millennials Aren’t Buying Harleys
News

Analysts are Wrong about Why Millennials Aren’t Buying Harleys

Gen Y doesn't care about "heritage."

Elon Musk Upsets Wall Street with Flippant Behavior on Earnings Call
Tesla News

Elon Musk Upsets Wall Street with Flippant Behavior on Earnings Call

Musk was combative with analysts and took questions from YouTube.

Uber’s Asian Rival, Grab, Scores Toyota Investment, Data-Sharing Deal
Car Tech

Uber’s Asian Rival, Grab, Scores Toyota Investment, Data-Sharing Deal

The agreement could lay the foundation for an alliance between the two companies.

Toyota to Partner with SoftBank on Future Mobility Ventures
News

Toyota to Partner with SoftBank on Future Mobility Ventures

Together, the companies will form an on-demand transportation service known as MONET.

Food Delivery App Ele.Me Receives Authorization for Urban Drone Deliveries in China
News

Food Delivery App Ele.Me Receives Authorization for Urban Drone Deliveries in China

One of China's leading online meal delivery platforms is now authorized to deliver food along 17 newly approved delivery routes in Shanghai.

Uber Scaling Back UberRush, Moving Food Clients to UberEats
News

Uber Scaling Back UberRush, Moving Food Clients to UberEats

The delivery logistics platform is dominated by food orders, cannibalizing both UberEats and the core ride-sharing business.

Odaka, Ravaged by Fukushima’s Nuclear Disaster, Sees Hope in Drone Food Delivery
News

Odaka, Ravaged by Fukushima’s Nuclear Disaster, Sees Hope in Drone Food Delivery

The nuclear disaster in Fukushima in 2011 was the worst in history since Chernobyl. Cities were evacuated. Now, people are returning home, but have little access to food. A drone delivery service in Odaka wants to change that.

Sweet Mercy, UberEats Surge Pricing Is Coming
News

Sweet Mercy, UberEats Surge Pricing Is Coming

"The bourgeois prefers comfort to pleasure, convenience to liberty, and a pleasant temperature to the deathly inner consuming fire. Also egg rolls at 1.6x the cost." — Hermann Hesse

Uber Scores $500 Million Investment From PayPal Ahead of Upcoming Initial Public Offering
Car Tech

Uber Scores $500 Million Investment From PayPal Ahead of Upcoming Initial Public Offering

Uber estimates that its IPO will fetch $10 billion in fundraising from shares priced $44 to $50.

McDonald’s UberEats Delivery Service Spreads Nationally
News

McDonald’s UberEats Delivery Service Spreads Nationally

No longer must you actually make any sort of an effort to eat McDonald's.

Uber Is Asking Drivers If They Want to Perform Other Services
News

Uber Is Asking Drivers If They Want to Perform Other Services

Does Uber want to be the new TaskRabbit?

Uber Reportedly Cooking up Temp Service Called Uber Works
Car Tech

Uber Reportedly Cooking up Temp Service Called Uber Works

The service allows businesses to hire workers for short-term jobs.

GM’s Cruise Automation Launches Autonomous Food Delivery Program
News

GM’s Cruise Automation Launches Autonomous Food Delivery Program

Cars will begin delivering food in San Francisco in March.

Chinese Uber Rival Didi Chuxing Launches Food-Delivery Service Pilot
Car Tech

Chinese Uber Rival Didi Chuxing Launches Food-Delivery Service Pilot

Could it become a competitor to UberEats?

Drone Delivers Bread to Fellow Citizens Amidst Food Scarcity in Ireland
Watch This

Drone Delivers Bread to Fellow Citizens Amidst Food Scarcity in Ireland

Facing storm-related food shortages in Clare, Ireland, one generous citizen used his own UAV to deliver bread.

Door-to-Door Robot Delivery Is Now a Reality in the United States
News

Door-to-Door Robot Delivery Is Now a Reality in the United States

Two companies are bringing wheeled autonomous delivery machines to California and Washington, D.C.