The investment comes after speculation that Saudi Arabia may take Lucid Motors private -- which the EV maker has denied.

The company ticked off a few more boxes on the second Starship V3 flight, but appears to have had another issue relighting the booster's rocket engines.

The contract between the two companies ends in May 2028, Uber told TechCrunch.

The automaker joins a long line of companies seeking such refunds. In April, Rivian CFO Claire McDonough said she expected the company stood to reap a refund in the "tens of millions of dollars."

The number of paid robotaxi miles traveled fell 36% in the second quarter, despite expanding to new cities, according to Tesla's own figures.

Tesla's 26% boost in revenue wasn't enough to offset rising operating expenses and capital expenditures as it pushes to launch a new generation of products.

Uber is also investing in Travis Kalanick's company Atoms, which has made gauzy claims about using industrial AI to modernize the world.

The company didn't say how many are in each city and has taken a far more cautious approach to scaling the network than CEO Elon Musk had promised.

The recall comes as the top automotive safety regulator in the U.S. has warned AV companies about their vehicles interfering with first responders.

The company didn't immediately say what went wrong. SpaceX's stock plunged more than 4% in after-hours trading before paring losses.

The startup, founded in 2021, lets enterprise customers use smartphones to scan and spot vehicle damage.

The safety board confirmed Tesla's account of the crash, which the company shared days after it happened last month.

The stock has steadily fallen from the euphoric post-IPO high, showing that markets may be sobering up to the promises CEO Elon Musk made before and after SpaceX went public.

The company said the "rumors are completely false" after its stock sank more than 50% on a report that it was weighing the option.

This will be the first Starship test flight for SpaceX as a public company, testing the market's appetite for the company's "fly, fail, fix" approach to rocket development, which often ends in fireballs.

Bidbus, which lets dealerships bid on used cars, has raised $15 million in a Series A round that was led by early-stage mobility fund Ibex Investors.

A former software manager claims Wisk rushed software testing ahead of a crucial 2025 flight test.

The company announced a new slate of executive hires meant to help turn things around, as Gravity SUV sales are not taking off as expected.

The company delivered more than 480,000 EVs globally, seemingly thanks to geographic expansion and cheaper versions of the Model 3, Model Y, and Cybertruck.