Tag: ceo
Elon Musk says all advanced AI development should be regulated, including at Tesla
Tesla and SpaceX CEO Elon Musk is once again sounding a warning note regarding the development of artificial intelligence – the executive and founder tweeted on Monday evening that “all org[anizations] developing advance AI should be regulated, including Tesla.” Musk was responding to a new MIT Technology Review profile of…
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Volocopter and Grab to study the feasibility of deploying air taxi services in Southeast Asia
Air mobility startup Volocopter will be working together with on-demand transportation, food delivery and payments company Grab on a feasibility study around air mobility in Southeast Asia. The joint study is part of a Memorandum of Understanding (MOU) signed by the two companies that covers exploration of the potential deployment…
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The Station: Lucid Motors spy shot and the birth of an AV startup
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every Saturday in your inbox. Hello again — or perhaps for the first time. This is Kirsten Korosec, senior transportation reporter at TechCrunch and your host here…
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Tesla locks in stock surge with $2B offering at $767 per share
Tesla has priced its secondary common stock offering at $767, a 4.6% discount from Thursday’s share price close, according to a securities filing Friday. Tesla said in the filing it will sell 2.65 million shares at that discounted price to raise more than $2 billion. Lead underwriters Goldman Sachs and…
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Tesla is going back to the markets to raise more than $2B through stock offering
Tesla said Thursday it plans to raise more than $2 billion through a common stock offering and will use the funds to strengthen its balance sheet and for general corporate purposes, despite signaling just two weeks ago that it would not seek to raise more cash. Tesla CEO Elon Musk…
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Flip raises $4M to pounce on the growing sector of employee messaging
By now we’re all familiar with text messaging groups for multi-person co-ordination. I’ve lost count of how many WhatsApp, Telegram and Facebook messenger groups I’m on! Other apps like Threema have started to be used in a business context and startups like Staffbase have decided to become full-blown ‘workforce messaging’…
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