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NHTSA says the Tesla Model Y is the first car to pass its new safety tests. The agency is simultaneously investigating 3.2 million Teslas for crashing.

May08
by on May 8, 2026 at 7:55 pm
Posted In: Cars, Electric vehicle, Tesla

  The Trump administration announced on Wednesday that the Tesla Model Y is the first vehicle to pass NHTSA’s new advanced driver assistance safety tests. The same agency is simultaneously investigating 3.2 million Tesla vehicles for crashing while using the company’s more advanced self-driving system. The announcement celebrates Tesla for passing a test that measures […]

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Jeff Bezos’s representative just left the board of a startup that raised $1.4 billion on his name. The first truck has not been built.

May07
by on May 7, 2026 at 8:31 pm
Posted In: Electric vehicle

  The person who connected Jeff Bezos to one of the most ambitious electric vehicle startups in America has left its board. Melinda Lewison, who manages the Bezos family office and was listed as a director on Slate Auto’s corporate filings, has departed the company’s board months before its first truck is scheduled to roll […]

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Snap lost a 400 million dollar AI deal, 20 million dollars a month to the Iran war, and 24 per cent of its stock price. The AR glasses had better work.

May06
by on May 6, 2026 at 9:59 pm
Posted In: Social Media

Snap reported first-quarter earnings on Tuesday that should have been unremarkable: revenue up 12 per cent to 1.53 billion dollars, adjusted EBITDA more than doubled to 233 million dollars, free cash flow nearly tripled to 286 million dollars. The stock fell four per cent. The reason was not in the numbers Snap reported but in […]

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Volkswagen just became Rivian’s biggest investor. It is not buying trucks. It is buying the software its own engineers could not build.

May05
by on May 5, 2026 at 8:50 pm
Posted In: Cars, Electric vehicle

When Rivian went public in November 2021, Amazon owned 20 per cent of the company. It had backed the electric vehicle startup with a 700 million dollar cheque in 2019, ordered 100,000 electric delivery vans, and watched its investment surge to more than 15 billion dollars on Rivian’s first day of trading. Four years later, […]

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Pinterest just crossed $1 billion in quarterly revenue. The bet that made it work was not social media. It was search.

May04
by on May 4, 2026 at 9:32 pm
Posted In: Insider, Social Media

Pinterest reported its first billion-dollar quarter last week. Revenue hit $1.008 billion in the first three months of 2026, up 18 per cent year on year, with monthly active users reaching 631 million for the tenth consecutive quarter of double-digit user growth. The stock jumped on guidance that projects second-quarter revenue of $1.133 billion to […]

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