Unveiling Rivian's Skunkworks: How Trump's Gift is Fueling Tesla's Innovation in Mobility

Unveiling Rivian’s Skunkworks: How Trump’s Gift is Fueling Tesla’s Innovation in Mobility

Welcome to the latest edition of TechCrunch Mobility, your go-to source for updates and insights on the evolving landscape of transportation. Stay informed by signing up for free updates from TechCrunch Mobility today!

Elon Musk and Recent Developments in the Auto Industry

This week, we delve into significant news surrounding Elon Musk, the visionary CEO of Tesla and founder of several innovative companies, including SpaceX and Neuralink. A recent investigation by TechCrunch highlighted the individuals within Musk’s DOGE universe, particularly those associated with the Department of Government Efficiency, established by a previous executive order.

In related news, a new report sheds light on the founders and venture capitalists collaborating with DOGE. This revealing article is a must-read for anyone interested in the intersection of technology and finance.

Impact of Tariffs on the Automotive Market

In a significant move, former President Trump has instituted a 25% tariff on all cars imported into the United States, impacting imports from Mexico and Canada as well. Additionally, specific parts used in automotive manufacturing are also subject to this tariff. As noted by reporter Sean O’Kane, this decision is poised to increase the costs of both new and used vehicles, presenting an unexpected advantage for Tesla, Musk’s flagship company.

Pardoned Entrepreneur Trevor Milton

In a surprising turn of events, Trevor Milton, the founder of the now-bankrupt hydrogen trucking startup Nikola, has received a pardon from Trump. This news was confirmed by the White House, marking a notable moment for those following Milton’s controversial journey.

Partnerships and Innovations in the Automotive Sector

Moving forward, Lucid Motors is exploring potential partnerships aimed at enhancing autonomy levels, particularly with their upcoming Gravity SUV. Speculation arises about possible collaborations with well-known automated driving technology providers like Mobileye.

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Recent Funding Deals in the Transportation Sector

In financing news, several transportation-related startups have successfully raised significant funds:

  • BetterFleet: Raised $15 million in Series A funding for EV charging fleet management.
  • The Bot Company: Secured $150 million, led by Greenoaks, focusing on robotics innovation.
  • DeCharge: Raised $2.5 million for EV charging infrastructure development.
  • Fleetio: Acquired $450 million to enhance vehicle fleet management solutions.
  • Manna: Raised $30 million to advance drone delivery services.

Noteworthy Developments in Autonomous and Electric Vehicles

As for the autonomous vehicle landscape, Waymo plans to launch robotaxi rides in Washington, D.C., via the Waymo One app by 2026. However, they will need to navigate regulatory hurdles, as current permits still mandate a human driver.

In electric vehicle news, BYD made headlines with a groundbreaking EV-charging announcement. Meanwhile, Cadillac introduced the new Optiq SUV, and Rivian has successfully transitioned its micromobility initiative into a separate entity named Also, with an impressive $105 million in funding.

In-Car Technology Updates

On the tech front, Waze has removed Google Assistant from its iOS platform due to persistent issues, promising an “enhanced voice interaction solution” in the near future.

For more updates and insights on transportation technology, visit TechCrunch or explore our Mobility section for the latest articles.

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