Luminar’s self-driving gamble crashes into Chapter 11
Published in Transportation


Lost Volvo deal sends LiDAR hopeful into bankruptcy court

Luminar Technologies has run out of road, filing for bankruptcy after a key supply contract with Volvo Cars was pulled from under it.

Tesla hands Musk a $1 trillion payday after a dismal year
Published in Transportation


Money for nothing

Elon Musk has managed to pull off another jaw-dropping payday, convincing shareholders to approve a $1 trillion compensation package even though Tesla has just crawled through one of its worst years in memory.

Sam Altman wants his Tesla money back
Published in Transportation


Musk trousered Altman's $45,000 with his long-delayed Roadster

OpenAI chief Sam Altman has decided he’s had a gutsful of waiting for a car that probably only exists only in Elon Musk’s imagination.

Tesla tanks in Europe
Published in Transportation


Europeans have had enough of Musk

Tesla has hit another bump in the road in Europe, clocking up its seventh straight month of shrinking car sales while Chinese upstart BYD floored it.

Nvidia pushes into self-driving cars as robot future looms
Published in Transportation


Chip giant sees its robot dreams on four wheels first

Nvidia has set its sights on self-driving cars as the next major cash cow for its physical AI push, hoping to ride a wave of autonomous vehicles before humanoid robots make it out of its smoke-filled labs.