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Tesla faces second straight year of falling sales after another bad quarter
Tesla sales fell more than 13% compared to last year as the company struggles to find demand for its aging lineup, and as CEO Elon Musk continues to damage the brand.
Rivian receives the next $1B from Volkswagen as sales struggles continue
Rivian sales ticked back up in Q2 but were down 23% from the same quarter last year. The company has been dealing with affordability issues made worse by Trump’s tariffs and trade wars.
Foxconn tells hundreds of Chinese staff to return from its Indian iPhone factories
Foxconn ordered over 300 Chinese employees to return home from its factories in India, per Bloomberg.
Qantas hack results in theft of 6 million passengers’ personal data
Qantas, the largest airline in Australia, confirmed the theft of 6 million customers’ personal information.
Congress just greenlit a NASA moon plan opposed by Musk and Isaacman
Legacy aerospace giants scored a win Tuesday when the U.S. Senate passed President Trump’s budget reconciliation bill that earmarks billions more for NASA’s flagship Artemis program. The $10 billion addition to the Artemis architecture, which includes funding for additional Space Launch System rockets and an orbiting station around the moon called Gateway, is a rebuke […]
ICEBlock, an app for anonymously reporting ICE sightings, goes viral overnight after Bondi criticism
The citizen app for anonymously reporting ICE agents and raids went viral after criticism from the U.S. Attorney General.
Figma moves closer to a blockbuster IPO that could raise $1.5B
The financials are impressive and founder CEO Dylan Field already cashed out $20 million worth of shares last year.
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Road to Battlefield: Central Eurasia’s Gateway to TechCrunch Startup Battlefield
Historic regional competition launches to showcase Central Eurasia’s rising startup ecosystem on Silicon Valley’s biggest stage. For the first time in its history, Central Eurasia will have a direct pathway to TechCrunch Startup Battlefield through the launch of “Road to Battlefield,” a groundbreaking regional competition that promises to put the underrepresented region firmly on the […]